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Mark Thornton Quotes: The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes — saving.
         

The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes — saving.


Mark Thornton
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"Mark Thornton Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/The-Fed-s-low-interest-policy-not-857136>.





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Other quotes of Mark Thornton


Government can screw up just about everything. Given enough power and time it will screw up everything.

Government can screw up just about everything. Given enough power and time it will screw up everything.





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You were right, " said the Master impressed by the neatness of Korovyov's work, "when you said: no documents, no person. So that means I don't exist since I don't have any documents.

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Jazz music hashaunted America for seventy years.It has tempted us out of our lily-white reserve with its black promise of untrammeled joy.

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It is an enduring truth, which can never be altered, that every infraction of the Law of nature must carry its punitive consequences with it. We can never get beyond that range of cause and effect.

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Oppose not rage while rage is in its force, but give it way a while and let it waste.

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This page presents the quote "The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes — saving.". Author of this quote is Mark Thornton. This quote is about class, saving, economic, interest, spending, people, higher, one thing, policy,.