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I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation.
Jeremy Grantham
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"I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation."
— Jeremy Grantham #moneywealth

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I think the Fed is not designed to have effective tools to deal with the economy. It should se…

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I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation. — Jeremy Grantham

About Jeremy Grantham

Jeremy Grantham was a Businessman from United Kingdom (1938–present).

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Frequently Asked Questions

Who said "I think the Fed is not designed to have effective tools to deal with the econom…"?
This quote is attributed to Jeremy Grantham, a Businessman from United Kingdom.
When did Jeremy Grantham live?
Jeremy Grantham lived from 1938 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.