The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the Fed and return to the gold standard. Absent that, the Fed should be completely removed from the political sphere, its dual mandate replaced by a single mission to provide the nation with sound money.
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"The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the Fed and return to the gold standard. Absent that, the Fed should be completely removed from the political sphere, its dual mandate replaced by a single mission to provide the nation with sound money." — Peter Schiff #moneywealth
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The market needs to set prices, including interest rates and allocate resources. If it were up…
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The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the Fed and return to the gold standard. Absent that, the Fed should be completely removed from the political sphere, its dual mandate replaced by a single mission to provide the nation with sound money. — Peter Schiff
About Peter Schiff
Peter Schiff was a Businessman from Germany (1923–2014).
Frequently Asked Questions
Who said "The market needs to set prices, including interest rates and allocate resources…"?
This quote is attributed to Peter Schiff, a Businessman from Germany.
When did Peter Schiff live?
Peter Schiff lived from 1923 – 2014.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.