加载中…转载：伯南克：这次更像是一场暴风雪，而不是1930年代的大萧条
(2020-03-29 10:58:39)
标签：
财经 |
分类： 公司、行业研究 |
伯南克：这次更像是一场暴风雪，而不是1930年代的大萧条
中美学者智库
昨天
以下文章来源于经济转型研究
，作者Jack
以下为CNBC相关报道
Former Federal Reserve Chairman
Ben Bernanke sounded an optimistic tone on the longer-term state of
the economy, predicting in a CNBC interview Wednesday that while
the U.S. is facing an acute recession, it shouldn’t
last.
“It is possible there’s going
to be a very sharp, short, I hope short, recession in the next
quarter because everything is shutting down of course,” he said on
“Squawk Box.”
“If there’s not too much damage
done to the workforce, to the businesses during the shutdown
period, however long that may be, then we could see a fairly quick
rebound.”
During the financial crisis
that exploded in 2008, Bernanke guided the Fed through its efforts
to save the economy. He was the first central bank chairman to pull
its benchmark interest rate down to near zero, and the Bernanke Fed
implemented a slew of programs that have been resurrected to deal
with the current crisis.
While he guided the Fed through
the financial crisis and accompanying Great Recession and is
recognized authority on the Great Depression, he said the current
situation bears only minor resemblance to those two
periods.
“This is a very different
animal from the Great Depression” which he said “came from human
problems, monetary and financial shocks. This is has some of the
same feel, some of the feel of panic, some of the feel of
volatility that you’re talking about. It’s much closer to a major
snowstorm or a natural disaster than a classic 1930′s-style
depression.”
In fact, he said, the current
situation is almost the opposite of the financial crisis, where
problems in the banking system infected the broader economy. This
time, issues in the broader economy brought on by the coronavirus
are infecting the banks.
He stressed the important of
getting the coronavirus itself under control so that policy can do
its work.
“Nothing is going to work, the
Fed is not going help, fiscal policy is not going to help if we
don’t get the public health right, if we don’t solve the problem of
the virus, of the infection, so making sure that the risk has
declined sufficiently before put people back in the line of fire,”
Bernanke said.
“So I think the public health
is the most important one,” he added. “If we can get that straight,
then we know how to get the economy working again. Monetary and
fiscal policy can do their thing and we won’t have anything like
the extended downturn we saw even, I don’t think, in the Great
Recession, much less the Great Depression of the
’30s.”
Earlier Wednesday, St. Louis
Fed President James Bullard expressed similar sentiments about the
economy, telling CNBC he expects a big short-term hit but a strong
rebound.
He praised the work being done
by Chairman Jerome Powell and the rest of the current
Fed.
The Powell Fed has pulled
benchmark borrowing rates down to near-zero and implemented a slew
of programs aimed at keeping liquidity flowing to the financial
system and businesses.
“I think the Fed has been
extremely proactive, and Jay Powell and his team have been working
really hard and gotten ahead of this and shown they can set up a
whole bunch of diverse programs that will help us keep the economy
functioning during this shutdown period, so that when the all-clear
is sounded, we will have a much better rebound than we otherwise
would,” Bernanke said.
喜欢
0
赠金笔