Ben Bernanke Quotes

Under constrained discretion, the central bank is free to do its best to stabilize output and employment in the face of short-run disturbances, with the appropriate caution born of our imperfect knowledge of the economy and of the effects of policy (this is the 'discretion' part of constrained discretion).
Ben Bernanke
Ben Bernanke

Quotes to Explore

This site uses cookies. By continuing to use this website, you agree to our policies regarding the use of cookies.