Stanley Fischer Quotes

We would have to renegotiate the monetary and fiscal program because Indonesia's economy has changed. Also, the exchange rate is way off from where we expected. - Stanley Fischer

We have a team arriving in Moscow at the end of next week that will have to look at the situation. Given what we know now about the changes in the exchange rate, the difficulties in the banking system and possible problems with the budget, it's clear the Russians will have to do quite a lot before that money can be released. - Stanley Fischer

We are mindful of the potential tragic consequences of events taking place in Indonesia. - Stanley Fischer

Unfortunately, the global economy seems to be depending totally on the U.S. at the moment. - Stanley Fischer

Unfortunately, parliamentary backing has not been forthcoming for needed actions related to personal income tax... Nor have permanent measures to strengthen the pension fund. - Stanley Fischer

This is just the beginning. So far, so good. - Stanley Fischer

This is errant nonsense from people who have not read or looked at the programs that the IMF supports. - Stanley Fischer

This is a society that has been so burned by inflation, that no politician who produces inflation by any magnitude is going to survive, so they can't afford it. And if they can't afford it that means they can't print large amounts of money so they're going to have to get the budget in some sort of order. - Stanley Fischer

There's a very definite sense that the momentum has changed direction. - Stanley Fischer

The recovery is not firmly in place. There is no reason to withdraw stimulus right now. The need is to make sure that the recovery in Japan is self-sustained -- and that means it's hard to see any good reason for monetary policy to tighten. - Stanley Fischer

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