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Ben Bernanke Quotes: [Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.
         

[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.


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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When people don't know what’s going on, it’s human nature for them to imagine a version that’s ten times worse than the truth!

When people don't know what’s going on, it’s human nature for them to imagine a version that’s ten times worse than the truth!



A helluva athlete, the best ever to play his position in the history of the game.

A helluva athlete, the best ever to play his position in the history of the game.



And what, for instance, would have happened had Romeo and Juliet lived to middle age, their silhouettes broadened by pasta?

And what, for instance, would have happened had Romeo and Juliet lived to middle age, their silhouettes broadened by pasta?



Most American men are repressors.

Most American men are repressors.


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If you have something that people connect with, you want to keep telling that story and progressing forward.

If you have something that people connect with, you want to keep telling that story and progressing forward.



I saw 'New Labour'conceived, watched it gestate, witnessed its birth and growth. Now I fervently hope I will be present at its death.

I saw 'New Labour'conceived, watched it gestate, witnessed its birth and growth. Now I fervently hope I will be present at its death.



The first breathe of adultery is the freest.

The first breathe of adultery is the freest.



They shall not grow old, as we that are left grow old. Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning we will remember them.

They shall not grow old, as we that are left grow old. Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning we will remember them.



We expect a horse race, ... The reality is that competition drives all innovation. Intel did nothing with its 386 chip for five years until AMD introduced its own version in 1991.

We expect a horse race, ... The reality is that competition drives all innovation. Intel did nothing with its 386 chip for five years until AMD introduced its own version in 1991.



Naturally curly hair is a curse, and don't ever let anyone tell you different.

Naturally curly hair is a curse, and don't ever let anyone tell you different.




Quote Description


This page presents the quote "[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.". Author of this quote is Ben Bernanke. This quote is about promise, faster, efficient, long, may, innovation, payment, secure, term,.