Inspirational Quotes, Motivational Sayings, and Wise Words for Daily Inspiration

basic-prescription-deflation-therefore-straightforward-least-principle-use

The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.

Ben Bernanke's Popular Quotes

A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.

- Ben Bernanke

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and le…

- Ben Bernanke

The Federal Reserve is not currently forecasting a recession.

- Ben Bernanke

September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

- Ben Bernanke

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, par…

- Ben Bernanke

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and th…

- Ben Bernanke

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

- Ben Bernanke

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars …

- Ben Bernanke

I'd throw dollars out of helicopters if I had to, to stimulate the economy.

- Ben Bernanke