Ian Macfarlane Quotes

• Los bancos y otros proveedores de crédito a los hogares han estado compitiendo vigorosamente para ampliar o proteger su cuota de mercado. En este proceso, las normas de concesión de préstamos se han ido erosionando progresivamente, de modo que los prestamistas están llevando a cabo prácticas que hace cinco o diez años se habrían considerado impensables.

  Ian Macfarlane

  Years, Practice, Competition

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• When everyone feels that risks are at their minimum, over-confidence can take over and elementary precautions start to get watered down.

  Ian Macfarlane

  Confidence, Risk, Precaution

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• If people can't abide by the confidentiality of the cabinet room, then they should leave the cabinet.

  Ian Macfarlane

  People, Rooms, Cabinets

  Fuente: www.abc.net.au

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• La mayoría de los que trabajamos en el Banco de la Reserva procedemos de la economía y, por tanto, tenemos una predisposición favorable al libre mercado y una actitud escéptica hacia la intervención en esos mercados a menos que exista una justificación económica claramente definida.

  Ian Macfarlane

  Attitude, Freedom, Favour

  4 Copiar cita

• For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share prices, P/E ratios have been declining on average.

  Ian Macfarlane

  Strong, Past, Average

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• For years I have made the point that progress in winding back economic slack is made not by high growth in any individual year, but by maintaining an expansion over a sustained period.

  Ian Macfarlane

  Years, Growth, Progress

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• A government cannot be expected to allow independence to its central bank unless that bank is also accountable to it and to the wider public. That is, the central bank must be able to be judged on whether or not it has achieved its agreed objective.

  Ian Macfarlane

  Government, Achievement, Independence

  4 Copiar cita

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