Banking Quote by Ben Bernanke

“The Federal Reserve System had been established to prevent what actually happened. It was set up to avoid a situation in which you would…

— Alan Ebenstein

“If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and…

— Thomas Jefferson

Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and…

— Ben Bernanke

Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out…

— William K. Black

Throughout the 19th century, when there was a laissez-faire mentality and insufficient regulation, you had one crisis after another. Each crisis brought about some…

— George Soros

It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their…

— Paul Singer

The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.

— Warren Buffett

Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central…

— Ben Bernanke

It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted…

— Ludwig von Mises

The fact that the government had to put up hundreds of billions of dollars to Citibank in guarantees was a public declaration that Citibank…

— Joseph Stiglitz

After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid…

— Ben Bernanke

Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.

— Noam Chomsky