"One of the things that I have not been able to express yet in the media is that people say that the Fed needs to be independent and I’m saying that’s exactly why there needs to be an audit– because the current chair of the Federal Reserve started as an investment banker, then he went to work for Treasury, then he went back to banking, investment, and stocks, and now he’s in the Fed. So, what you have is this revolving door between Wall Street, investment banks, and Treasury and the Fed, and how on earth can you know the Fed is independent of Wall Street, banks, and the Treasury if they employ people from those backgrounds?"
React to this quote
More by Thomas Massie
See allResonant Thoughts
"Is there any God, any justice, is there either good or evil? None, none, none, none! There is nothing but a pitiless destiny which broods over the human race, iniquitous and blind, distributing joy an…"
Explore Further
Related Quotes
"“The Congress should understand that unless they make friends with us and accede to our demands there will …"
— Ghulam Hussain Hidayatullah"No man knows where his business ends and his neighbor's begins."
— E. W. Howe"It is a big mistake to think that the best way to express yourself is to do whatever you want, acting as yo…"
— Shunryu Suzuki"Time 100: The Unknown Rebel, Time, 1999"
— Tank Man"In this branch of study exactness is an essential feature; and mathematical difficulties must not be shrunk…"
— William John Macquorn Rankine"You know, this is all BS, as far as I'm concerned. Cross species evolution, I don't think anybody's ever pr…"
— Rush Limbaugh
Related Thinkers
Related Topics
Deep Dives
- N. R. Narayana Murthy on knowledge
- Bran Ferren on knowledge
- Jim Lovell on knowledge
- Larry Wall on knowledge
- Linus Torvalds on knowledge
- Vitruvius on knowledge
- Erik Naggum on knowledge
- N. R. Narayana Murthy on leadership
- N. R. Narayana Murthy on books
- N. R. Narayana Murthy on creativity
- justice & Beauty
- justice & Change


