More from Ben Bernanke
Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.
Ben BernankeBen Bernanke I’d throw dollars out of helicopters if I had to, to stimulate the economy.
Ben BernankeBen Bernanke The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.
Ben BernankeBen 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, particularly central bankers.
Ben BernankeBen Bernanke Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.
Ben BernankeBen Bernanke The Federal Reserve will not monetize the debt.
Ben BernankeBen 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 BernankeBen Bernanke The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending.
Ben BernankeBen 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 BernankeBen Bernanke The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.
Ben BernankeBen Bernanke With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.
Ben BernankeBen Bernanke Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.
Ben BernankeBen 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 as it wishes at essentially no cost.
Ben BernankeBen Bernanke I generally leave the details of fiscal programs to the Administration and Congress. That’s really their area of authority and responsibility, and I don’t think it’s appropriate for me to second guess.
Ben BernankeBen Bernanke One might as well try to perform brain surgery with a sledgehammer.
Ben BernankeBen Bernanke We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.
Ben BernankeBen Bernanke
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From our community writers
In this wilderness, Mankind is the animal I fear.
Addison SchmittAddison Schmitt The irony is that he broke the only person he never wanted to hurt.
Krishan PandeyKrishan Pandey I will wait, I am waiting, and I will love you with all the love I posses until this body is ash and I begin my search for you again.
Tyler Knott GregsonTyler Knott Gregson Nothing is permanent not even your pain.
Taj AroraTaj Arora Do not insist me to let you go, you come half hearted like a crescent moon, and you go heart-filled like a full moon which glows.
Nikita GandhiNikita Gandhi I want to fold you into my book, like a petal, so that you’d never leave.
Mira R. AridiMira R. Aridi It seems strange how we look in the same mirror, yet what stares back, is so painfully different.
Chris AllchinChris Allchin Do not measure yourself by success, failure, or a degree. Measure your life by the dreams you have.
Natalie MooneyNatalie Mooney
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More on beneficial
One of the most beneficial of remedies is persisting in du’a.
Ibn Qayyim Al-JawziyyaIbn Qayyim Al-Jawziyya It is so good, so sweet and above all, so beneficial to suffer.
Bernadette SoubirousBernadette Soubirous Early childhood development has proved to be very beneficial and very cost-effective in societies where this is been tried. So let’s not confine ourselves to primary education. Let’s think of early childhood development and education as a whole.
Aung San Suu KyiAung San Suu Kyi It’s not beneficial when you have a presidential candidate like Donald Trump, telling his supporters “punch that guy in the face.” I think everyone candidate ought to aspire toward civility, towards decency, towards bringing us together. I don’t think we should be using angry and hateful rhetoric.
Ted CruzTed Cruz All beliefs not in such contradiction may be considered as faith. Whether faith in a particular belief is beneficial or not is another matter.
Alan LightmanAlan Lightman I have long argued that paying down the national debt is beneficial for the economy.
Alan GreenspanAlan Greenspan I have not been part of an active counterculture movement, as it is not the approach that I have personally pursued to create a qualitatively beneficial and meaningful impact on society.
Al SeckelAl Seckel
