1980s Quote by Ben Bernanke

We have the worst revival of an economy since the Great Depression. And believe me: We're in a bubble right now.

— Donald Trump

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and…

— Timothy Geithner

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private…

— Milton Friedman

The stagnation of the Japanese economy in the past 20 years is eloquent testimony to the fact that government usually gets it wrong. Sometimes…

— Dick Morris

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered…

— Ron Paul

September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

— Ben Bernanke

The Great Depression was not a sign of the failure of monetary policy or a result of the failure of the market system as…

— Milton Friedman

In the Great Depression, employment was not low because investment was low. Employment and investment were low because labor market institutions and industrial policies…

— Edward C. Prescott

The '80s market was only a Japanese market. It was the Japanese outbidding each other for the most expensive works of art. When the…

— Arne Glimcher

“This crisis didn’t have to happen. America had a boom-and-bust cycle from the 1790s to the 1930s, with a financial panic every ten to…

— Elizabeth Warren

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth…

— Ben Bernanke

To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.

— Edgar Fiedler