On the recordJuly 16, 2013
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
Source
congress.govAs I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
Bernanke critiques short-term fiscal policies and suggests a focus on long-term sustainability.
Share
More from Ben Bernanke
Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.
undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation
GSE-type organizations are not essential to successful mortgage financing. Indeed, many other industrial countries without GSEs have achieved homeownership rates comparable to that of the United States. One device that has been widely used…
Financial risk tends to migrate around regulatory obstacles like a river flows around rocks.