quote · Legacy record
The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.
The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.
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Begin with source-checked readings and explanations ↗Attribution & collection notes
- Author or tradition
- Janet Yellen
Attribution: attributed - Country attributed
- Not established
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- Historical period not yet established
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- Contributor-provided quotation collection
Supplied reference C; CSV row 453327; supplied attribution, independently unverified
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