Jon Huntsman Jr. Quotes

Well, I think what we need to remember is that budget deficits can impede economic activity.

The job of the Central Bank is to worry.

I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream.

Money can never circulate freely and actively unless there be absolute confidence in its value.

Monetary stability is a cornerstone of the social contract.

What would happen if the markets suddenly questioned our ability to keep public finances in check? What would be the effect on growth?

The economy's always been the engine for our national security.

Central banking often comes across as obscure and complicated, and we try to help the public understand what we do.

I hope that more Canadians will become interested in in how the inflation rate target affects our purchasing power, our standard of living and therefore our life.

More and more people realize the importance of economic growth, near-term and long-term in the U.S., and the competitiveness with other countries around the world.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.

The question is not really about a shift to the economic cone where officers are writing about the balance of payments and the need for economic stabilization.

What I'm concerned about is endless borrowing, which is going to compromise our economy not only today but in the future. Because we know the decisions we make right now really dramatically impact us in the future, and the debt is literally getting out of our control.

Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.

Inflation is taxation without legislation.

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.

Only a strong economy can create higher asset values and sustainably good returns for savers.

Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today.

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

Any debate among politicians about monetary policy is counterproductive.

In a mature economy like India's, which is becoming modern and a financially-oriented economy, an independent central bank, responsible central bank, is really central to success.

Interest rates are used to achieve overall economic stability.