tagged with: ben bernanke, bernanke, chairman of the fed, federal reserve, inflation, economics, create some inflation, economist, words and unwords, humor, bernard benanke, quote, quotation, economy, debt, interest of the government, social scientist, social science, real value of the government's
No matter what your economic status, you'll enjoy this economic quote on inflation by none other than Ben Bernanke, 14th Chairman of the Federal Reserve. Quotation says: "People know that inflation erodes the real value of the government's debt and, therefore, that it is in the interest of the government to create some inflation". Memorable econ attitude for economists, social scientists, and those who understand the incentive on why government should create some inflation!
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