Warren Buffett Quotes

I don't think you can have a better secretary of the Treasury than Hank Paulson.

What is the effect of unlimited coinage of silver in this country? and I invite your attention to this particularly, because it is a question of vital importance.

It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.

There isn’t that much that Washington can do to effect the economy.

The problem now is to shape our policy so as to avoid a calamitous break in the stock market … and at the same time accomplish if possible, the recovery of Europe.

The successful conduct of economic policy is possible only if there is - and is seen to be - full agreement between the Prime Minister and the Chancellor of the Exchequer.

I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.

The central bank needs to be able to make policy without short term political concerns.

Who controls the issuance of money controls the government!

I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.

There's no other job in public life that is like chairman of the Fed.

There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in their focus, and that it will help to have more prudent policy-making down the road.

Most of the policies that support robust economic growth in the long run are outside the province of the central bank.

I think a strong dollar is the result of policies, but I don't think the strong dollar is in and of itself a policy.

In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

What we collectively decide about how to bail out our economy, how to pull our economy out of a ditch and what rules we put in place to make sure this problem does not happen again, will shape our country for the next 50 years. This is it.

The economy controls the politicians far more than the politicians control the economy.

If we think we're going to solve our economic problems by monetary policy alone, we are mistaken. History shows that we have to employ fiscal policy as well.

Most certainly it was a very wrong step to Crush the Private Bank, and set up this Publick Bank in its place

Until Keynes, politicians had not needed economists for help in running the country any more than they had needed astronomers. But Keynes made them indispensible.

The division of responsibility between economics and politics is indeed one of the most difficult dilemmas with which we are confronted. "Give me a sound economic position, and I will pursue a sound policy", says the Statesman. "How can I pursue a sound policy", says the Economist, "if you do not give me a sound political position?”

The debt ceiling serves no useful purpose.

There is one policy for recession or depression and another for good times.

It is as easy to bemoan a lack of U. S. financial leadership as it is difficult to substitute for it..

Keynes eliminated economic theory's ancient role as spoilsport for inflationist and statist schemes, leading a new generation of economists on to academic power and to political pelf and privilege.