_Quotes

The Fed has the authority to buy foreign government debt ... this class of assets offers huge scope for Fed operations because the quantity...

This devaluation and the rapid increase in money supply ... ended the U.S. deflation remarkably quickly. - Ben Bernanke , Before the Nati...

A central bank should always be able to generate inflation, even when the short-term nominal interest rate is zero ...[this] more direct me...

The U.S. government is not going to print money and distribute it willy-nilly ... although there are policies that approximate this behavio...

Under a paper-money system, a determined government can always generate higher spending and, hence, positive inflation. - Ben Bernanke , ...

The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at no cost. - ...