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Explore Quotations, Proverbs & Sayings

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Letter "L" » Lacy Hunt Quotes
«As a stimulus proposal, it's a non-starter. The economic impact is very, very small -- almost imperceptible.»
Author: Lacy Hunt
«It was not used this time, even though it was debated in Fed circles -- Greenspan opposed it.»
Author: Lacy Hunt
«The net effect was to induce a tightening mode in the markets, in bank lending and in total bank reserve growth, while [interest rates] rose significantly, especially for corporate bond issues. In retrospect, that's not looking very smart.»
Author: Lacy Hunt
«The Fed was given control of margin lending in response to the excess speculation in the 1920s,»
Author: Lacy Hunt
«The corporate sector is highly leveraged, unprofitable and has excess capacity. Those are not the ingredients to produce a great deal of growth.»
Author: Lacy Hunt
«The problem is, the private sector doesn't have the balance sheet capacity to take on more debt, and the banking system is not in a position to extend more credit. So monetary policy may not work at all.»
Author: Lacy Hunt
«The Fed has made a statement here that they are not going to allow higher energy costs to translate into inflation.»
Author: Lacy Hunt
«Powerful restraining forces are impacting the consumer, and this will result in slower growth in the latter part of this year and into 2005,»
Author: Lacy Hunt
«This economy is not producing jobs in a normal way. We have serious global competitive pressures working on the economy. There continues to be a very rapid increase in productivity, which is undermining demand for labor.»
Author: Lacy Hunt
«When you have a large debt buildup and a lot of excess capacity, that's not corrected very quickly,»
Author: Lacy Hunt

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