Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.
demand depress economy
Ben Bernanke
These are some quotes by American author Ben Bernanke Public Servant, who was born on December 13, 1953.
Quotes by Ben Bernanke
Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.
