Amity Shlaes Quotes

Trusting the government with money creation is like trusting a drunk with a whiskey factory.

There's a loss of faith in the banking system that for so long has been the backbone of prosperity and growth.

I want to state unequivocally for the world, as well as for the markets, as well as for the American people: I have no doubt that we will not lose the full faith and credit of the United States.

I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory.

Fiscal discipline can turn the economy around.

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours.

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.

The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.

And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.

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.

If we don't get a grip on government spending, there will be no growth.

Fiscal responsibility and government reform are going to be good themes for governing, well at any time, but particularly coming out of a recovery.

Many writers, including myself, have detailed how irresponsible government actions slow economic recoveries. Similar behavior by individuals impedes growth, too. If you can't find someone reliable to do a deal with, you simply don't do the deal at all.

America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable.

Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.

The American people and American businesses are looking to the federal government to lead our nation on the path to economic recovery. It is time to stop splitting hairs. It is time to act.

We believe that it is very important that we have hopefully averted what would have been the most substantial headwind of all, which is a default for the first time in our history, and that that will contribute to a more positive environment that we hope will allow for greater growth and job creation.

Well, I think the global economy is in the position for continuing good growth with inflation well in check.

The economy grows when families can spend money on personal priorities rather than priorities imposed by the federal government.

No country can violate the laws of economic gravity too long.

Monetary stability is a cornerstone of the social contract.

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

To get great again, we need to recreate what made us great in the first place, and so we're going to have to let interest rates go up.

The Treasury Department has a critical role to play in helping to set the direction of a U.S. and global economy, a role that reaches back to America's founding.