"A money-financed tax cut is essentially equivalent to……" — Ben Bernanke
"A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money."
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Ben Bernanke
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81 Quotes by Ben Bernanke
Ben Bernanke has 81 quotes on this site.
A few more worth reading:
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The lesson of history is that you do not get a sustained economic recovery as long as the financial system…
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I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions,…
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Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate…
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Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a…
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The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed…
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Developments in financial markets can have broad economic effects felt by many outside the markets.
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Monetary policy is not a panacea.
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A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it…
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Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other…
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If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain…
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Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an…
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It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and…
See all 81 quotes by Ben Bernanke »
More Cut Quotes
This quote is filed under Cut Quotes,
one of 3,475 quotes in that category. Here are a few more:
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I myself spent nine years in an insane asylum and I never had the obsession of suicide, but I know…
— Antonin Artaud
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When I read about the way in which library funds are being cut and cut, I can only think that…
— Isaac Asimov
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Never in the history of the United States have we cut back on troops when we've been at war.
— Michele Bachmann
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'3:10 to Yuma' was one that I just kept on talking and thinking about after reading it. And I think…
— Christian Bale
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I deliberately keep myself apart from a lot of stuff; I don't Tweet, I don't do Facebook, I don't blog,…
— Iain Banks
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If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or…
— Bernard Baruch
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Hors D'oeuvre: A ham sandwich cut into forty pieces.
— Jack Benny
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You better cut the pizza in four pieces because I'm not hungry enough to eat six.
— Yogi Berra
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If I was freer than I had ever been in my life, I was not yet entirely free, for I…
— Wendell Berry
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No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's…
— Joe Biden
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'Obama and Biden want to raise taxes by a trillion dollars.' Guess what? Yes, we do in one regard: We…
— Joe Biden
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I'm not squeamish at all. As a child I dragged a dead squirrel home on my skateboard and cut it…
— Jessica Biel
See all 3,475 Cut Quotes »