#m

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

#because #cannot #demand #depressed #economy

Monetary policy is not a panacea. ↗

— Ben Bernanke

#monetary policy #panacea #policy

The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings. ↗

— Ben Bernanke

#appointment #banker #benefit #brings #central

The central bank needs to be able to make policy without short term political concerns. ↗

— Ben Bernanke

#bank #central #central bank #concerns #make

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

#dead #economist #john #long #long run

Put off your imagination, as you put off your overcoat, when you enter the laboratory. Put it on again, as you put on your overcoat, when you leave. ↗

— Claude Bernard

#enter #imagination #laboratory #leave #off

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

#economic #economic recovery #financial #financial system #get

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

#businesses #economy #get #go #going

A great ad campaign will make a bad product fail faster. It will get more people to know it's bad. ↗

— William Bernbach

#ad campaign #bad #campaign #fail #faster

Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets. ↗

— Ben Bernanke

#also #course #economy #financial #financial markets