If you think of what's happening today and what FED is doing, you almost wish that Marriner Eccles would come back to life and that we could put him back in charge of the FED, because at least (...) Marriner Eccles, who was the first modern chairman of the FED in 1935, was a keynesian, no doubt, early for his time, but he was a fiscal keynesian, who actually believed that money printing was bad, that it would fuel speculation, and that if the government was going to rob the people it should do it the honest way taxes.

David Stockman "How Crony Capitalism Corrupts the Free Market"