---
title: "Meaning & Key Takeaway of: Bernanke has cultivated this idea that he…"
description: "\"Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.\" — David Stockman"
image: "https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg"
---

#  Bernanke has cultivated this idea that he is a brilliant…

![“Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.” quote by David Stockman](https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg)   [Download](https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg) [Open image](https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg)

> “Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.”

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Bernanke is portrayed as an expert on the Great Depression, but this view is contested.

**In simple terms:** Bernanke’s expertise is debated.

Key Takeaway

Critically evaluate claimed expertise.

Themes

economics history credibility

Mood

skeptical analytical

Type

question critical

When to use this quote

- academic debates
- media coverage
- policy making

Key Concepts

revisionist history policy analysis

Questions to Reflect On

- What evidence supports or refutes his authority?
- How does bias affect historical interpretation?

A Different Perspective

Expertise can be overstated by reputation.

★ ★ ★ ★ ★   No ratings yet

[Bernanke Cultivated](https://sms4smile.com/quotes/about/bernanke-cultivated-1683364/) [Brilliant](https://sms4smile.com/quotes/about/brilliant/) [Brilliant Scholar](https://sms4smile.com/quotes/about/brilliant-scholar-1683365/) [Depression True](https://sms4smile.com/quotes/about/depression-true-1683366/) [Great depression](https://sms4smile.com/quotes/about/great-depression/) [Ideas](https://sms4smile.com/quotes/about/ideas/) [Scholar](https://sms4smile.com/quotes/about/scholar/) [Scholar Great](https://sms4smile.com/quotes/about/scholar-great-1683367/)

## Related quotes

> [“Do you know that, maybe, I shall leave off grieving over the crime and sin of my life? for such a life is a…](https://sms4smile.com/quotes/fyodor-dostoevsky/do-you-know-that-maybe-i-shall-leave-off-grieving-over-the-crime-and-2/)

[Fyodor Dostoevsky](https://sms4smile.com/quotes/author/fyodor-dostoevsky/)

> [“By the end of the eleventh century,” Edmond said, “the greatest intellectual exploration and discovery on earth was taking place in and around Baghdad.…](https://sms4smile.com/quotes/dan-brown/by-the-end-of-the-eleventh-century-edmond-said-the-greatest/)

[Dan Brown](https://sms4smile.com/quotes/author/dan-brown/)

> [Persons who would never think of announcing boldly to the world, 'I am a scholar,' 'I am a great artist,' 'I am a beautiful…](https://sms4smile.com/quotes/georgia-harkness/persons-who-would-never-think-of-announcing-boldly-to-the-world-i-am/)

[Georgia Harkness](https://sms4smile.com/quotes/author/georgia-harkness/)

> [...a man estimable for his learning, amiable for his life, and venerable for his piety. Arbuthnot was a man of great comprehension, skilful in…](https://sms4smile.com/quotes/samuel-johnson/a-man-estimable-for-his-learning-amiable-for-his-life-and-venerable/)

[Samuel Johnson](https://sms4smile.com/quotes/author/samuel-johnson/)

> [Then, when the Fed's fire hoses started spraying an elephant soup of liquidity injections in every direction, and its balance sheet grew by $1.3…](https://sms4smile.com/quotes/david-stockman/then-when-the-fed-s-fire-hoses-started-spraying-an-elephant-soup-of/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [“both the Great Depression and World War II directly contributed to the Great Leap.”](https://sms4smile.com/quotes/robert-j-gordon/both-the-great-depression-and-world-war-ii-directly-contributed-to/)

[Robert J. Gordon](https://sms4smile.com/quotes/author/robert-j-gordon/)

> [My mother lived through the Great Depression. Her family of 11 children pulled themselves up by their bootstraps and moved to wherever there was…](https://sms4smile.com/quotes/chuck-norris/my-mother-lived-through-the-great-depression-her-family-of-11/)

[Chuck Norris](https://sms4smile.com/quotes/author/chuck-norris/)

> [“That’s got to stop,” says I. “The idea of any blood-thirsty pirate (Mexican President Diaz) sitting on a throne and reaching across the border…](https://sms4smile.com/quotes/jerry-ash/that-s-got-to-stop-says-i-the-idea-of-any-blood-thirsty-pirate/)

[Jerry Ash](https://sms4smile.com/quotes/author/jerry-ash/)

> [“There could be no better time to read THE END OF BLISS, Rhonda Cutler's beautifully researched and heartfelt novel about another of our great…](https://sms4smile.com/quotes/rhonda-ringler-cutler/there-could-be-no-better-time-to-read-the-end-of-bliss-rhonda-cutler/)

[Rhonda Ringler Cutler](https://sms4smile.com/quotes/author/rhonda-ringler-cutler/)

> [ The crisis \[the Great Depression\] discovered a great man in Franklin Roosevelt...None too soon he has carried America forward to the second stage of… ](https://sms4smile.com/quotes/h-g-wells/the-crisis-the-great-depression-discovered-a-great-man-in-franklin/)

[H. G. Wells](https://sms4smile.com/quotes/author/h-g-wells/)

> [“I am a citizen of this country,” I declare, “and Mr. Mayor, tonight I will be a citizen of this city when I put…](https://sms4smile.com/quotes/jerry-ash/i-am-a-citizen-of-this-country-i-declare-and-mr-mayor-tonight-i-will/)

[Jerry Ash](https://sms4smile.com/quotes/author/jerry-ash/)

> [Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment.](https://sms4smile.com/quotes/charles-m-schwab/looking-to-the-future-i-see-in-the-further-acceleration-of-science/)

[Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/)

> [all that has changed, in my opinion, is that, thanks to television, we can hide a great depression. we may even be hiding a…](https://sms4smile.com/quotes/kurt-vonnegut/all-that-has-changed-in-my-opinion-is-that-thanks-to-television-we/)

[Kurt Vonnegut](https://sms4smile.com/quotes/author/kurt-vonnegut/)

> [“In spring, 1937, of course, families still rode the rails because of the Depression, which everyone said was already in the history books as…](https://sms4smile.com/quotes/ronald-geigle/in-spring-1937-of-course-families-still-rode-the-rails-because-of-the/)

[Ronald Geigle](https://sms4smile.com/quotes/author/ronald-geigle/)

> [First, climate change is the greatest long-term threat faced by humanity. It could cause more human and financial suffering than the two world wars…](https://sms4smile.com/quotes/david-miliband/first-climate-change-is-the-greatest-long-term-threat-faced-by/)

[David Miliband](https://sms4smile.com/quotes/author/david-miliband/)

## More by David Stockman

> [In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is…](https://sms4smile.com/quotes/david-stockman/in-1985-the-top-five-percent-of-the-households-the-wealthiest-five/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost…](https://sms4smile.com/quotes/david-stockman/i-think-the-stock-market-is-a-very-dangerous-place-to-be-at-the/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business.…](https://sms4smile.com/quotes/david-stockman/i-don-t-think-that-mitt-romney-can-legitimately-say-that-he-learned/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices. And it couldn’t pass even if Republicans were to take…](https://sms4smile.com/quotes/david-stockman/in-short-mr-ryan-s-plan-is-devoid-of-credible-math-or-hard-policy/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [The stock market in Japan was half the world market and where has the Japan economy gone since the 1990s? Nowhere. They've been struggling…](https://sms4smile.com/quotes/david-stockman/the-stock-market-in-japan-was-half-the-world-market-and-where-has-the/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [I'm just not going to spend a lot of political capital solving some other guy's problem in 2010.](https://sms4smile.com/quotes/david-stockman/i-m-just-not-going-to-spend-a-lot-of-political-capital-solving-some/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [I think we're so addicted to bubble finance at the Fed that they can't get out of the corner they painted themselves into. I…](https://sms4smile.com/quotes/david-stockman/i-think-we-re-so-addicted-to-bubble-finance-at-the-fed-that-they-can/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [The Ryan plan isn't a budget. It's the last will and testament of the Republican party.](https://sms4smile.com/quotes/david-stockman/the-ryan-plan-isn-t-a-budget-it-s-the-last-will-and-testament-of-the/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value…](https://sms4smile.com/quotes/david-stockman/the-problem-is-that-you-re-creating-a-system-of-bubble-finance-where/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [The Republican Party, as much as it pains me to say this, should be ashamed of themselves.](https://sms4smile.com/quotes/david-stockman/the-republican-party-as-much-as-it-pains-me-to-say-this-should-be/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [Look at what's happening between Main Street and Wall Street. The stock market index is up 136 percent from the bottom. Middle class jobs…](https://sms4smile.com/quotes/david-stockman/look-at-what-s-happening-between-main-street-and-wall-street-the/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [Insanity has infected all the central banks of the world.](https://sms4smile.com/quotes/david-stockman/insanity-has-infected-all-the-central-banks-of-the-world/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chickens…](https://sms4smile.com/quotes/david-stockman/one-thing-is-certain-at-some-point-global-investors-will-lose/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [Kemp-Roth was always a Trojan horse to bring down the top rate.](https://sms4smile.com/quotes/david-stockman/kemp-roth-was-always-a-trojan-horse-to-bring-down-the-top-rate/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

> [We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall…](https://sms4smile.com/quotes/david-stockman/we-need-a-wealth-tax-that-on-a-one-time-basis-is-going-to-take-back/)

[David Stockman](https://sms4smile.com/quotes/author/david-stockman/)

[Explore all 27 David Stockman quotes ](https://sms4smile.com/quotes/author/david-stockman/)

## More Brilliant quotes

> [And you can't complain about kissing Emma Watson. Isn't that what everyone in the world wants to do? I've known Emma for a few…](https://sms4smile.com/quotes/eddie-redmayne/and-you-can-t-complain-about-kissing-emma-watson-isn-t-that-what/)

[Eddie Redmayne](https://sms4smile.com/quotes/author/eddie-redmayne/)

> [failure in the theater is more public, more brilliant, more unreal than in any other field.](https://sms4smile.com/quotes/lillian-hellman/failure-in-the-theater-is-more-public-more-brilliant-more-unreal-than/)

[Lillian Hellman](https://sms4smile.com/quotes/author/lillian-hellman/)

> [For someone to ask 'Who did you play for' and to be able to answer a single name 'Liverpool' that would be brilliant...I don't…](https://sms4smile.com/quotes/jamie-carragher/for-someone-to-ask-who-did-you-play-for-and-to-be-able-to-answer-a/)

[Jamie Carragher](https://sms4smile.com/quotes/author/jamie-carragher/)

> [Ideal for the child and society in the best of times, Rudolf Steiner's brilliant process of education is critically needed and profoundly relevant now…](https://sms4smile.com/quotes/joseph-chilton-pearce/ideal-for-the-child-and-society-in-the-best-of-times-rudolf-steiner-s/)

[Joseph Chilton Pearce](https://sms4smile.com/quotes/author/joseph-chilton-pearce/)

> [Bruce Katz is a spectacular talent! He's a brilliant composer and arranger who uses uncommon and unique musical intelligence to redefine jazz and blues…](https://sms4smile.com/quotes/larry-coryell/bruce-katz-is-a-spectacular-talent-he-s-a-brilliant-composer-and/)

[Larry Coryell](https://sms4smile.com/quotes/author/larry-coryell/)

> [No matter how brilliant an actor is, there's always a point where they let you down, but that's all part of their journey. They…](https://sms4smile.com/quotes/amanda-hale/no-matter-how-brilliant-an-actor-is-there-s-always-a-point-where-they/)

[Amanda Hale](https://sms4smile.com/quotes/author/amanda-hale/)

> [I enjoy working with Deborah Ann, I think she's brilliant. It's been a joy.](https://sms4smile.com/quotes/rutina-wesley/i-enjoy-working-with-deborah-ann-i-think-she-s-brilliant-it-s-been-a/)

[Rutina Wesley](https://sms4smile.com/quotes/author/rutina-wesley/)

> [Gravity Falls' didn't just appear overnight - every spooky cave and moss covered tree was created by a team of brilliant artists.](https://sms4smile.com/quotes/alex-hirsch/gravity-falls-didn-t-just-appear-overnight-every-spooky-cave-and-moss/)

[Alex Hirsch](https://sms4smile.com/quotes/author/alex-hirsch/)

> [I like men who are very cool but who are also so brilliant that they are almost insane. Sean Penn, Gary Oldman, Bob Dylan,…](https://sms4smile.com/quotes/jolene-blalock/i-like-men-who-are-very-cool-but-who-are-also-so-brilliant-that-they/)

[Jolene Blalock](https://sms4smile.com/quotes/author/jolene-blalock/)

> [Without a trace of irony I can say I have been blessed with brilliant enemies. I owe them a great debt, because they redoubled…](https://sms4smile.com/quotes/e-o-wilson/without-a-trace-of-irony-i-can-say-i-have-been-blessed-with-brilliant/)

[E. O. Wilson](https://sms4smile.com/quotes/author/e-o-wilson/)

> [One Flew Over the Cuckoo's Nest' is a movie that I just find flawless. Jack Nicholson... I just saw 'The Shining' again the other…](https://sms4smile.com/quotes/michael-biehn/one-flew-over-the-cuckoo-s-nest-is-a-movie-that-i-just-find-flawless/)

[Michael Biehn](https://sms4smile.com/quotes/author/michael-biehn/)

> [“You deicde, and you make our night what you want. Brilliant and ours. Stupid and theirs.”](https://sms4smile.com/quotes/arthur-phillips/you-deicde-and-you-make-our-night-what-you-want-brilliant-and-ours/)

[Arthur Phillips](https://sms4smile.com/quotes/author/arthur-phillips/)

> [Whatever we may say against collections, which present authors in a disjointed form, they nevertheless bring about many excellent results. We are not always…](https://sms4smile.com/quotes/johann-wolfgang-von-goethe/whatever-we-may-say-against-collections-which-present-authors-in-a/)

[Johann Wolfgang von Goethe](https://sms4smile.com/quotes/author/johann-wolfgang-von-goethe/)

> [I look at Starbucks, Howard Schultz has made many brilliant decisions, and one of the things that they did was they invented the third…](https://sms4smile.com/quotes/seth-godin/i-look-at-starbucks-howard-schultz-has-made-many-brilliant-decisions/)

[Seth Godin](https://sms4smile.com/quotes/author/seth-godin/)

> [Tom Stafford was an odd character, you know - a brilliant guy. He looked weird and I think he took a really defensive attitude…](https://sms4smile.com/quotes/donnie-fritts/tom-stafford-was-an-odd-character-you-know-a-brilliant-guy-he-looked/)

[Donnie Fritts](https://sms4smile.com/quotes/author/donnie-fritts/)

[Browse all 2,403 Brilliant quotes ](https://sms4smile.com/quotes/about/brilliant/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.",
            "creator": {
                "@type": "Person",
                "name": "David Stockman"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/david-stockman/bernanke-has-cultivated-this-idea-that-he-is-a-brilliant-scholar-of/",
            "about": {
                "@type": "Thing",
                "name": "Brilliant"
            },
            "@id": "https://sms4smile.com/quotes/david-stockman/bernanke-has-cultivated-this-idea-that-he-is-a-brilliant-scholar-of/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg",
                "url": "https://sms4smile.com/quotes/i/471/david-stockman-22367_brilliant_bernanke-has-cultivated-this-idea-that-h_949544.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not…” — David Stockman",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "David Stockman",
                    "item": "https://sms4smile.com/quotes/author/david-stockman/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Bernanke has cultivated this idea that...",
                    "item": "https://sms4smile.com/quotes/david-stockman/bernanke-has-cultivated-this-idea-that-he-is-a-brilliant-scholar-of/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/david-stockman/bernanke-has-cultivated-this-idea-that-he-is-a-brilliant-scholar-of/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
