On the recordSeptember 20, 2012
I would keep the mandate even simpler than one. I would say that the Fed ought to be in business to support an objective definition of the value of the dollar.
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congress.govJames Grant: “I would keep the mandate even simpler than one. I would say that the Fed ought to be in business to support an objective…”
Editor's note · Context
James Grant suggests simplifying the Federal Reserve's mandate.
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Aug 21, 2026
Everybody I know, and I’m not just talking about 10 or 20 people, nobody could believe we even got this far. The laws are bad.
Sep 20, 2012
I believe that the Fed ought to be doing much less than what it is doing, and it could do with many fewer economists.
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I said, ‘Get on the ground. Get on the ground. Get on the ground. Get on the ground.
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