James A. Garfield Quotes

The power of collecting money from the people is not to be rejected because it has sometimes been oppressive. Public credit is as necessary for the prosperity of a nation as private credit is for the support and wealth of a family.

What a sound money system does is to stabilize all the elements in it, and reduces the uncertainty that people confront. And the one thing all human beings do when they are confronted with uncertainty is pull back, withdraw, disengage, and that means economic activity, which is really dealing with people, just goes straight down.

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

Gold and silver afford the only safe foundation for a monetary system.

An honest money system is the only alternative.

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 job of the Central Bank is to worry.

With impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

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.

Sound money is the sine qua non of a prosperous society.

Our focus is on ensuring America has the strongest economy in the world for the next 100 years and to do that, we need to get to the role of the Federal Reserve and we need to get it right.

It has a sound and rational circulating medium, a real and definite representative of wealth.

It’s hard for the opposition party to break in when things are going well economically.

Our system works best if the value of money stays the same.

Nothing is more vital to our supremacy as a nation and to the beneficent purposes of our Government than a sound and stable currency.

It is not the Federal government that makes prosperity in this country.

Return to specie payment … at the earliest period compatible with due regard to all interests concerned.

The Federal Reserve Board is indefensible in theory and indispensable in practice.

They who have nothing to loose, are generally of the Party for Paper Money; this ought to be a strong Prejudice against it, with sober thinking Men.

Backing of paper money should be upon the gold, the silver, the wheat, the corn, and everything else in the country, including the public credit.

If the United States does well [economically], then the whole world does well.

Monetary stability is a cornerstone of the social contract.

We are not facing great economic difficulties. The Indonesian people are faring reasonably well - just compare us to India or some other countries.