“The amount of currency in circulation is not changing. The money supply is not changing in any significant way.”

Share & Save

Meaning

The speaker is saying that there has been no meaningful change in the amount of money available in the economy. The two sentences reinforce the same point, emphasizing stability rather than growth or reduction.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

No source found on Wikiquote; the quote is listed as attributed to Ben Bernanke.

Did You Know?

Not documented yet.

About Ben Bernanke

American economist

Ben Bernanke is an American economist and public policy figure, best known for serving as the 14th chairman of the Federal Reserve from 2006 to 2014. He later became a distinguished fellow at the Brookings Institution. Before leading the Fed, Bernanke was a tenured professor at Princeton University and chaired its Department of Economics from 1996 to September 2002, when he took public service leave. As chairman, he oversaw the Federal Reserve’s response to the 2008 financial crisis. In 2009, Time named him Person of the Year, and in 2022 he shared the Nobel Memorial Prize in Economic Sciences with Douglas Diamond and Philip H. Dybvig for research on banks and financial crises, especially his analysis of the Great Depression.

More from Ben Bernanke (186 quotes) →