Cost Quote by Ben Bernanke
“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 as it wishes at no cost.”
About This Quote
Source Speech: Remarks on Monetary Policy, Federal Reserve, 2008
The government can create money at will, effectively printing unlimited currency without direct cost.
In simple terms: Government can make unlimited money.
Key Takeaway
Recognize the power and limits of monetary policy.
Themes
economics
monetary policy
inflation
government power
Mood
cautious
analytical
Type
economic
policy
When to use this quote
- budget planning
- investment strategy
- public debt management
- currency risk assessment
Key Concepts
fiat money
quantitative easing
fiscal responsibility
Questions to Reflect On
- How does unlimited money affect inflation?
- What safeguards should exist?
A Different Perspective
Unlimited printing can lead to inflation and devalue currency.
![“[Photography is ] likewise even French impressionists. So the Sculls bought pop. It was politics, and they moved with it. And I think that could be happening, to some degree, with photography, too. It doesn't cost as much to do it, either.” quote by Garry Winogrand](https://sms4smile.com/quotes/img-quotes/2eb/garry-winogrand-2342_cost_photography-is-likewise-even-french-impr_2802.jpg)
