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John Kenneth Galbraith Quotes: Of all the weapons in the Federal Reserve arsenal, words were the the most unpredictable in their consequences.
         

Of all the weapons in the Federal Reserve arsenal, words were the the most unpredictable in their consequences.


John Kenneth Galbraith
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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Of-all-the-weapons-in-the-Federal-741035>.





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Other quotes of John Kenneth Galbraith


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.



Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.



Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.



But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.



Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.



If all else fails immortality can always be assured by adequate error.

If all else fails immortality can always be assured by adequate error.



The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.



There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.



Simple minds, presumably, are the easiest to manage.

Simple minds, presumably, are the easiest to manage.



Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.





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If you give into hate, you'll destroy yourself. Hate doesn't help anything.

If you give into hate, you'll destroy yourself. Hate doesn't help anything.



Is the set of all sets which are not members of themselves a member of itself?

Is the set of all sets which are not members of themselves a member of itself?



You get better as an actor over time if you're growing. Like singers.

You get better as an actor over time if you're growing. Like singers.



No, I don't autograph blank slips, checks, or stickers, and certainly no books without me in them.

No, I don't autograph blank slips, checks, or stickers, and certainly no books without me in them.



The biggest advantage to believing in God is you don't have to understand anything, no physics, no biology. I wanted to understand.

The biggest advantage to believing in God is you don't have to understand anything, no physics, no biology. I wanted to understand.



The incremental approach without a strategy doesn't improve the strategy.

The incremental approach without a strategy doesn't improve the strategy.



Every person thinks his own intellect perfect, and his own child handsome.

Every person thinks his own intellect perfect, and his own child handsome.



They are all my favourites. All of them.

They are all my favourites. All of them.



I'm the girl who still believes prince charming exists somewhere out there.

I'm the girl who still believes prince charming exists somewhere out there.



Our motto must continue to be perseverance. And ultimately I trust the Almighty will crown our efforts with success.

Our motto must continue to be perseverance. And ultimately I trust the Almighty will crown our efforts with success.




Quote Description


This page presents the quote "Of all the weapons in the Federal Reserve arsenal, words were the the most unpredictable in their consequences.". Author of this quote is John Kenneth Galbraith. This quote is about weapons, unpredictable, arsenal, federal reserve,.