Ben Bernanke said...

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

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

07/11/2017

More Ben Bernanke Quotes

The political challenge is to figure out how to do that.

A default by the U.S. Government would be extremely disruptive.

To promote economic growth in the longer term, and to preserve economic and financial stability, fiscal policy makers wi...

Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a s...