“Some grappled with the mind-bending question of why rates _can't_ go below zero. What if the Fed tried to set a negative interest rate--that is, effectively levying a tax on savings? Said Greg Mankiw, a Harvard economist and former White… — Neil Irwin Copy Share Image
“When members of Congress asked about the swaps, Bernanke emphasized that the European banks benefiting from the program also made loans in the United States, so the action could be seen as benefiting the U.S. economy directly. But more fundamentally,… — Neil Irwin Copy Share Image
“[Hyun Song Shin] most accurately portrayed the state of the global economy. 'I'd like to tell you about the Millennium Bridge in London,' he… — Neil Irwin Copy Share Image
“On October 29, 2008, came an announcement: “Today, the Federal Reserve, the Banco Central do Brasil, the Banco de Mexico, the Bank of Korea,… — Neil Irwin Copy Share Image
“Some grappled with the mind-bending question of why rates _can't_ go below zero. What if the Fed tried to set a negative interest rate--that… — Neil Irwin Copy Share Image
“When members of Congress asked about the swaps, Bernanke emphasized that the European banks benefiting from the program also made loans in the United… — Neil Irwin Copy Share Image
![“[Hyun Song Shin] most accurately portrayed the state of the global economy. 'I'd like to tell you about the Millennium Bridge in London,' he began…'The bridge was opened by the queen on a sunny day in June,' Shin continued. 'The press was there in force, and many thousands of people turned up to…” quote by Neil Irwin](https://sms4smile.com/quotes/img-quotes/79d/neil-irwin-66207_every-day_hyun-song-shin-most-accurately-portrayed_728738.jpg)
