Skip to content

Cliff Quote by Ben Bernanke

“If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event.” quote by Ben Bernanke
Download Open image
“If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event.”

Ben Bernanke

About This Quote

Source Speech: Economic Forum (2010)

If a fiscal cliff hits, the Federal Reserve may lack sufficient tools to fully counteract the economic impact.

In simple terms: Fed may be powerless against a fiscal cliff.

Key Takeaway

Prepare alternative economic safeguards.

Themes

economics policy risk management monetary limits

Mood

cautious analytical

Type

economic policy

When to use this quote

  • budget planning
  • policy coordination
  • contingency planning
  • public communication

Key Concepts

fiscal policy financial stability government debt

Questions to Reflect On

  • What alternative measures can mitigate a fiscal cliff?
  • How can policymakers coordinate better?
A Different Perspective

Political constraints could limit policy options.

4.3 out of 5 (10 ratings)

More by Ben Bernanke

Explore all 247 Ben Bernanke quotes

More Cliff quotes

Browse all 159 Cliff quotes