American - Public | December 13, 1953 -
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
GrowthTryEconomyPolicyOutWhere
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.
DayPeopleGoldEvery DayPriceBuy
The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.
ChanceWillMoreBankPolicyEvolve
Developments in financial markets can have broad economic effects felt by many outside the markets.
FinancialOutsideEconomicMarkets
In the future, my communications with the public and with the markets will be entirely through regular and formal channels.
FutureWillThroughMarketsChannels
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.
TodayLongSecuritySaidSayRun
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.
CareWallStreetMattersNeverBeen
The American people are among the most productive in the world. We have the best technologies. We have great universities. We have entrepreneurs.
GreatBestPeopleWorldAmerican
The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
MoneyWayChangingCurrencySupply
It takes about two and a half percent growth just to keep unemployment stable.
GrowthTwoUnemploymentHalfKeep
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.
PeopleEfficiencyYouCreateTax
The central bank needs to be able to make policy without short term political concerns.
ShortPoliticalBankPolicyWithout
Copyright © 2024 QuotesDict Ben Bernanke quotes