Ben Bernanke Quotes

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

People forget how difficult it is to stop inflation or get it under control… I worry about it all the time.

Monetary policy itself cannot sensibly be directed at reducing imbalances.

Domestic inflation reflects domestic monetary policy.

Whip Inflation Now

The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.

Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.

Deflation isn't good, and inflation is easier to cure than deflation.

The job of the Central Bank is to worry.

During the past two decades, inflation has fallen to a low level in major industrial countries.

When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride.

The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.

Inflation is taxation without legislation.

Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.

A good monetary policy follows inflationary expectations and not historical numbers.

Interest rates are used to achieve overall economic stability.

Inflation is one form of taxation that can be imposed without legislation.

Monetary policy and fiscal policy are inseparable.

There's no such thing as a painless cure for inflation.

No one single thing that we do will control inflation

The natural tendency of the state is inflation.

Nothing so weakens governments as persistent inflation.

The emerging economies, many of them are concerned. They didn't want the money to slosh in. They are afraid when the money sloshes out, but the tapering has to take place, and we have to be able to manage it.

In the United States, after World War II, it took about two decades for the message to slowly seep in that inflation was going to be a permanent fact of the American way of life.

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.