„It was a global depression, had many causes, the whole story requires you to look at the whole international system. But policy errors in United States, as well as abroad, did play an important role. And in particular as I said, the Federal Reserve failed in this first challenge in both parts of its mission. It did not use monetary policy aggressively to prevent deflation and the collapse in the economy, so it failed in its economic stability function. And it didn't adequately perform its function as lender of last resort allowing many bank failures and a resulting contraction in credit and also with the money supply. So, in that respect, again, the Fed did not fulfill its intended mission.“

—  Ben Bernanke, The Federal Reserve and the Financial Crisis (2012), Lecture 1: Origins and Mission of the Federal Reserve
Ben Bernanke Foto
Ben Bernanke
US-amerikanischer Ökonom 1953
Werbung

Ähnliche Zitate

Ben Bernanke Foto
Werbung
John Kenneth Galbraith Foto

„What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the state of trade would have to improve.“

—  John Kenneth Galbraith American economist and diplomat 1908 - 2006
Money: Whence It Came, Where It Went (1975), Chapter XVI, The Coming of J.M. Keynes, p. 217

Ron Paul Foto
Murray N. Rothbard Foto
Ervin László Foto
Hillary Clinton Foto
Socrates Foto
Henri Fayol Foto
Richard L. Daft Foto
Haruki Murakami Foto
Georges Sorel Foto
Russell L. Ackoff Foto
Donald J. Trump Foto

„Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Etiam egestas wisi a erat. Morbi imperdiet, mauris ac auctor dictum.“