Monetary policy itself cannot sensibly be directed at reducing imbalances.
Sentiment: NEGATIVE
The Federal Reserve cannot solve all the economy's problems on its own.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
There are limits to monetary policy.
Monetary policy is not a panacea.
Endorsing unconventional monetary policies unquestioningly is tantamount to saying that it is acceptable to distort asset prices if there are other domestic constraints on growth.
It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.
I don't want Congress setting monetary policy.
It will not be possible to solve the current crisis with euro bonds.
Trying to balance the budget through defense cuts is both counterproductive and impossible.
The diversification of the people's demand could not be followed by the state apparatus.
No opposing quotes found.