Quote on Respect by Ben Bernanke
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"Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound."
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"In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement."
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"Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound."
Next
"In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement."
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"I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect - and help, if necessary - than many people who are superficially more successful."
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