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So he cannot, as many previous chancellors have done, sacrifice sound monetary policy for short-term political gain.
ECONOMIST: New Labour, New Zealand
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The president pointed to the hopeful economic signs of low inflation, sound monetary policy, low interest rates and increasing productivity.
CNN: Bush: Economy hung over but sound
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If Romney-Ryan are going to get the same results as Reagan, they are going to have to adopt similarly sound monetary policy as well.
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Sound monetary policy is key to long-running economic strength and stability.
CNN: State of the Union Address
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In order to immediately strengthen the economy and lay the groundwork for continued prosperity, I have proposed a four-part plan that involves lower taxes, less spending, a sound monetary policy and regulatory reform.
FORBES: A Word From Ron Paul
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Sound monetary policy is thus pivotal.
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This is made clear in perhaps the most egregious chapter in the episode which demonstrates the lack of respect for sound monetary policy, property rights and contract certainty and even less concern about it from the political and financial media establishment.
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Even sound Germany has a slightly deflationary monetary policy because it lacks a reliable compass.
FORBES: Fact and Comment
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But the way you keep the dollar sound is by maintaining a steady monetary policy, not by trying to manipulate the economy itself.
FORBES: Fact and Comment