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Ben Bernanke said...

Banks are not going to lend out the reserves at a rate lower than they can earn at the Fed.

Context

Bernanke explains why banks prefer to keep reserves rather than lend them out.

07/11/2017

https://congress.gov...

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I sincerely believe our central bank's actions have provided critical support for our Nation's economic recovery.
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The economy needed help from Congress--if not from additional spending (on roads and bridges for example), then at least...
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If we are really interested in growing the economy, what we need to do is demonstrate that we can govern.
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monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems
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View All Ben Bernanke Quotes

Ben  Bernanke
out of office

usa, South Carolina

435 Quotes

PartyRepublican

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