The World Motivation
The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.
“The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.”
— Ben Bernanke · Aid
Explore more quotes by Ben Bernanke on topics like Aid, wisdom, and life lessons.
“The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.”
“At the most basic level, a central bank must be clear and open about its actions and operations, particularly when they involve the deployment of public funds.”
“The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.”
“Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.”
“If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event.”
“The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in the long run if investors and firms infer from those actions that they will never bear the full consequences of excessive risk-taking.”
“Your retirement comes before your children's tuition. That's because there's no financial aid for retirement, and there's still a good deal available for college.”
“The things you leave school knowing - some dates and long division - so much of it has been of no use to me. Schools should teach the basics of cookery, first aid, how to look after your money and how to speak foreign languages. Useful things.”
“I use pure acetone Nail Polish Remover from Nails Inc. to really strip the nail. It's actually important to dehydrate your nail a little bit to get rid of all of the oil before you put color on; then the color will really stick. Then, I use OPI Bond Aid. It's a liquid dehydrator that you paint onto each nail.”
“If Marcos wants to aid Malaysia, that's his business, but we will continue to crush Malaysia, even if we have to fight alone.”
“We can offer trade deals or international aid, by all means, and we should never desert asylum seekers in their time of need, but we don't have a moral responsibility to open our doors to the five billion-odd people on this planet who live in poorer countries than ours.”