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Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing.

William McChesney Martin

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William McChesney Martin
Age: 91 †
Born: 1906
Born: December 17
Died: 1998
Died: July 29
Banker
Economist
Politician
St. Louis
Missouri
Whichever
Blowing
Lean
Winds
Inflation
Wind
Purpose
Way
Deflation

More quotes by William McChesney Martin

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Too many of our prejudices are like pyramids upside down. They rest on tiny, trivial incidents, but they spread upward and outward until they fill our minds.
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What's good for the United States is good for the New York Stock Exchange. But what's good for the New York Stock Exchange might not be good for the United States.
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The Federal Reserve... is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.
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