Ben Bernanke (Economist)

#75139 Ben Bernanke

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. .

Ben Bernanke - The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. views: 4 Ben Bernanke history quotes
#75147 Ben Bernanke

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself. .

Ben Bernanke - A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself. views: 4 Ben Bernanke people quotes
#75152 Ben Bernanke

Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever is necessary to get the economy going. .

Ben Bernanke - Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever is necessary to get the economy going. views: 4 Ben Bernanke art quotes
#75142 Ben Bernanke

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting. .

Ben Bernanke - It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting. views: 2 Ben Bernanke work quotes
#75143 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 led to sharp declines in the values of many homes and businesses. .

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 led to sharp declines in the values of many homes and businesses. views: 2 Ben Bernanke business quotes
#75145 Ben Bernanke

It takes about two and a half percent growth just to keep unemployment stable. .

Ben Bernanke - It takes about two and a half percent growth just to keep unemployment stable. views: 2 Ben Bernanke men quotes
#75146 Ben Bernanke

It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles. .

Ben Bernanke - It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles. views: 2 Ben Bernanke man quotes
#75158 Ben Bernanke

How much would you pay to avoid a second Depression? .

Ben Bernanke - How much would you pay to avoid a second Depression? views: 2 Ben Bernanke you quotes
#75137 Ben Bernanke

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression. .

Ben Bernanke - If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression. views: 1 Ben Bernanke art quotes
#75138 Ben Bernanke

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. .

Ben Bernanke - Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. views: 1 Ben Bernanke man quotes
#75141 Ben Bernanke

Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates. .

Ben Bernanke - Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates. views: 1 Ben Bernanke men quotes
#75144 Ben Bernanke

It's the price of success: people start to think you're omnipotent. .

Ben Bernanke - It's the price of success: people start to think you're omnipotent. views: 1 Ben Bernanke success quotes
#75148 Ben Bernanke

I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonstrated - was that when orthodoxy fails, then you need to try new things. And he was very willing to try unorthodox approaches when the orthodox approach had shown that it was not adequate. .

Ben Bernanke - I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonstrated - was that when orthodoxy fails, then you need to try new things. And he was very willing to try unorthodox approaches when the orthodox approach had shown that it was not adequate. views: 1 Ben Bernanke you quotes
#75151 Ben Bernanke

The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest. .

Ben Bernanke - The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest. views: 1 Ben Bernanke people quotes
#75153 Ben Bernanke

Monetary policy is not a panacea. .

Ben Bernanke - Monetary policy is not a panacea. views: 1 Ben Bernanke
#75155 Ben Bernanke

I am very proud of my nerd-dom. .

Ben Bernanke - I am very proud of my nerd-dom. views: 1 Ben Bernanke
#75161 Ben Bernanke

The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing. .

Ben Bernanke - The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing. views: 1 Ben Bernanke time quotes
#75140 Ben Bernanke

In fact, the world needs more nerds. .

Ben Bernanke - In fact, the world needs more nerds. views: 0 Ben Bernanke world quotes
#75149 Ben Bernanke

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand. .

Ben Bernanke - Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand. views: 0 Ben Bernanke growth quotes
#75150 Ben Bernanke

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare. .

Ben Bernanke - The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare. views: 0 Ben Bernanke dead quotes

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