“I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.” ThinkingCountryStatesUnitedUnited StatesEffectsPolicyDataAlternativesStatisticsEconomistBeneficialMacroeconomics Author:Ben Bernanke
“Developments in financial markets can have broad economic effects felt by many outside the markets.” FeltEconomicEffectsDevelopmentFinancialBroadsFinancial Markets Author:Ben Bernanke
“The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.” OrderSidesCasesEconomyCuttingMysteryEffectsSourceDemandEconomicsBasesSpendingProducersFinanceCollapseSevereOngoingBuyersSide EffectsDeflation Author:Ben Bernanke
“There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.” StatesTodaySidesGrowthChallengesLevelsUnitedCasesUnited StatesEconomyEconomicEffectsSeriousProtectProveSmartEconomicsFinancialSpendingFinanceConsumersInvestorsDeclineCollapseEconomic GrowthMagnetSide EffectsCentral BanksMacroeconomicsStock Price Author:Ben Bernanke
“A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.” IfsDoeCausesWhiteEconomyStreetsEffectsWallEconomicsInvestingCollapseCrashKnucklesMain StreetStock Price Author:Ben Bernanke
