Cannot Quote by Ben Bernanke

“The Federal Reserve cannot solve all the economy's problems on its own.”

Ben Bernanke

About This Quote

Source Speech: Economic Forum, 2018

The Fed alone cannot fix all economic issues; broader policies are needed.

In simple terms: Fed can't solve everything alone.

Key Takeaway

Support monetary policy with fiscal measures.

Themes

economics policy collaboration

Mood

analytical concerned

Type

informative analytical

When to use this quote

government budgeting
business cycles
public debt
financial regulation

Key Concepts

monetary theory fiscal policy systemic risk

Questions to Reflect On

What other tools complement monetary policy?
How can policymakers ensure cooperation?

A Different Perspective

Political gridlock may hinder coordinated action.

★ ★ ★ ★ ★ 3.3 out of 5 (4 ratings)

Cannot Customer Economy Economy Problems Federal reserve Own Problems Solve Solve Economy

More by Ben Bernanke

If Wall Street crashes, does Main Street follow? Not necessarily.

Ben Bernanke

Image

The Federal Reserve is not currently forecasting a recession.

Ben Bernanke

Image

We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.

Ben Bernanke

Image

In the past, Federal Reserve chairmen have not generally gone directly to the public.

Ben Bernanke

Image

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars…

Ben Bernanke

Image

The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds…

Ben Bernanke

Image

Community development has a long history of innovation and learning from experience.

Ben Bernanke

Image

To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can…

Ben Bernanke

Image

Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a…

Ben Bernanke

Image

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

Ben Bernanke

Image

High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.

Ben Bernanke