“The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.” LongImportantReasonRunningFacesIssuesPerspectiveResearchBasesLong RunsDay To Day Author:Ben Bernanke
“[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.” IfsMayLongTermPromiseInnovationSecureFasterLong TermEfficientCurrencyPayment Author:Ben Bernanke
“The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.” LongEconomicLessonsCrisisFinancialRecoveryFinancial SystemEconomic Recovery Author:Ben Bernanke
“Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.” LongImportantTermInterestEconomyAchieveRateObjectivesEmploymentLong TermStabilityReservesModeratesMaximumMandatesFederal ReserveInterest RatePrice Stability Author:Ben Bernanke
“If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.” IfsLongTermFocusEconomicPolicyProsperityEmploymentLong TermContributionStabilityCommitteesColleaguesMaximumMonetaryMonetary PolicyEconomic ProsperityPrice Stability Author:Ben Bernanke
“The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.” IfsLongSaidMightRunningTodaySocialSecurityLong RunsEconomistSocial SecurityMedicareKeynes Author:Ben Bernanke
“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” TryingLongRunningGrowthEconomyPolicyPeriodsDemandLong RunsSmoothMonetaryMonetary Policy Author:Ben Bernanke
