Statistics Do Not Speak For

The Central Banks Cannot Control Interest Rates. That's A Mistake. They Can Control A Particular Rate, Such As The Federal Funds Rate, If They Want To, But They Can't Control Interest Rates.

With Some Notable Exceptions, Businessmen Favor Free Enterprise In General But Are Opposed To It When It Comes To Themselves.

Political Leaders In Capitalist Countries Who Cheer The Collapse Of Socialism In Other Countries Continue To Favor Socialist Solutions In Their Own. They Know The Words, But They Have Not Learned The Tune.

My Monetary Studies Have Led Me To The Conclusion That Central Banks Could Profitably Be Replaced By Computers Geared To Provide A Steady Rate Of Growth In The Quantity Of Money. Fortunately For Me Personally, And For A Select Group Of Fellow Economists, That Conclusion Has Had No Practical Impact… Else There Would Have Been No Central Bank Of Sweden To Have Established The Award [nobel Prize] I Am Honoured To Receive.

[u]nemployment Is ... A Side Effect Of The Cure For Inflation.