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Paul Krugman Quotes: A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble
         

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble


Paul Krugman
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Other quotes of Paul Krugman


Rising inequality isn’t about who has the knowledge; it’s about who has the power.

Rising inequality isn’t about who has the knowledge; it’s about who has the power.



Bad ideas flourish because they are in the interest of powerful groups.

Bad ideas flourish because they are in the interest of powerful groups.



Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.



So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.



Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.



There are no atheists in foxholes and there are no libertarians in financial crises.

There are no atheists in foxholes and there are no libertarians in financial crises.



We should try to create the society each of us would want if we didn't know in advance who we'd be.

We should try to create the society each of us would want if we didn't know in advance who we'd be.



Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.



If you want to understand opposition to climate action, follow the money.

If you want to understand opposition to climate action, follow the money.



I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.





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Remember that fear causes to happen the very things it fears. That's why fear should be unknown to us.

Remember that fear causes to happen the very things it fears. That's why fear should be unknown to us.




Stop making excuses of why you can’t or how hard it is and start making your life matter.

Stop making excuses of why you can’t or how hard it is and start making your life matter.



Curiosity is the very basis of education and if you tell me that curiosity killed the cat, I say only the cat died nobly.

Curiosity is the very basis of education and if you tell me that curiosity killed the cat, I say only the cat died nobly.



I do not have a sense of humor of any recognizable sort.

I do not have a sense of humor of any recognizable sort.



There's good self-consciousness, and then there's toxic, paralyzing, raped-by-psychic-Bedouins self-consciousness.

There's good self-consciousness, and then there's toxic, paralyzing, raped-by-psychic-Bedouins self-consciousness.



I do enjoy the puzzle-solving aspect of making a movie.

I do enjoy the puzzle-solving aspect of making a movie.



One of the biggest problems with young chefs is too much addition to the plate. You put cilantro and then tarragon and then olive oil and then walnut oil or whatever. It's too much.

One of the biggest problems with young chefs is too much addition to the plate. You put cilantro and then tarragon and then olive oil and then walnut oil or whatever. It's too much.



If you know nothing, be pleased to know nothing.

If you know nothing, be pleased to know nothing.



They have no lawyers among them, for they consider them as a sort of people whose profession it is to disguise matters.

They have no lawyers among them, for they consider them as a sort of people whose profession it is to disguise matters.




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This page presents the quote "A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble". Author of this quote is Paul Krugman. This quote is about housing, accurate, technology, replaced, monetary policy, five years, past, description, federal reserve,.