80 ordspråk av Lyle Gramley

Lyle Gramley

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What the Fed is trying to do, by being more transparent and more communicative, is highly desirable. But there are going to slips along the way. Ben will learn and the markets will learn.

whoever they pick has a considerable degree of background and expertise on monetary policy.

We still face a longer-range deficit problem and that will be exacerbated by increases in Medicare and Social Security payments, ... It would be helpful to bring our budget deficit down longer-term. I worry more about that than this temporary increase in the deficit.

He wondered what I was doing and what he might do. I replied that when he leaves government service he's worth an enormous amount of money.

Being Fed chairman only increases his value that much more.

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Lyle Gramley proverb