Mar 31, 2020

Ben Bernanke: "Easier financial conditions will promote economic growth"

Easier financial conditions will promote economic growth.  For example, lower mortgage rates will make housing more affordable and allow more homeowners to refinance.  Lower corporate bond rates will encourage investment and higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending.

~ Ben Bernanke, Washington Post op-ed, November 4, 2010

Ben Bernanke - The 2010 TIME 100 Poll - TIME

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