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Ben Bernanke Quotes: A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.
         

A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.


Ben Bernanke
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Other quotes of Ben Bernanke


Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.

Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.



It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.



The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.



The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.



Monetary policy is not a panacea.

Monetary policy is not a panacea.



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

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



If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.



Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.



Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.



If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.





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If you don't feel the same way about him, if you're just leading him on, you need to tell him that. I've seen too many nice guys get shafted because a girl can't get over some jerk.

If you don't feel the same way about him, if you're just leading him on, you need to tell him that. I've seen too many nice guys get shafted because a girl can't get over some jerk.



O brave new world, That has such people in ’t!-Miranda

O brave new world, That has such people in ’t!-Miranda




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I don't want this big stardom thing. I just want a good script.



The fool is not the man who merely does foolish things. The fool is the man who does not know enough to cash in on his foolishness.

The fool is not the man who merely does foolish things. The fool is the man who does not know enough to cash in on his foolishness.



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One doesn't live in a country, one lives in a language.



Temperance and labor are the two best physicians of man; labor sharpens the appetite, and temperance prevents from indulging to excess

Temperance and labor are the two best physicians of man; labor sharpens the appetite, and temperance prevents from indulging to excess



I'll take any risk there is.

I'll take any risk there is.



I have hair that looks like you could just take it off and plug a new style on.

I have hair that looks like you could just take it off and plug a new style on.



You need new roads to discover new places!

You need new roads to discover new places!




Quote Description


This page presents the quote "A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.". Author of this quote is Ben Bernanke. This quote is about milton, cutting, helicopters, money,.