“All the Federal Reserve can do is make loans against collateral.”

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Originally said in English.

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About Ben Bernanke

American economist and former Federal Reserve Chair (2006–2014), Bernanke’s career spans academia and central banking. His work on the Great Depression and his leadership during the 2008 financial crisis shaped modern monetary policy. He is widely recognized for his analysis of economic crises and his efforts to stabilize the U.S. economy.

More from Ben Bernanke (186 quotes) →
"All the Federal Reserve can do is make loans against collateral." — Ben Bernanke | Daily Quotes