A Quote by Ben Bernanke
Deflation is defined as a general decline in prices, with emphasis on the word 'general.'
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General Motors, General Mills, General Foods, general ignorance, general apathy, and general cussedness elect presidents and Congressmen and maintain them in power.
In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a general depression of prices, but only as a means of explaining the great decline in the federal revenue. Despite this, he asserted that the situation of America presented a 'gratifying spectacle.'
The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.
Solidarity among the male and female workers, a general cause, general goals, a general path to that goal - that is the solution to the "woman" question in the working-class environment.
Any man who has been given the honor of being promoted to general and who says, "I will protect another general who protects Communists," is not fit to wear that uniform, general.
There is a great difference, whether the poet seeks the particular for the sake of the general or sees the general in the particular. From the former procedure there ensues allegory, in which the particular serves only as illustration, as example of the general. The latter procedure, however, is genuinely the nature of poetry; it expresses something particular, without thinking of the general or pointing to it.
To refer the power in question to the clause "to provide for the common defense and general welfare" would be contrary to the established and consistent rules of interpretation, as rendering the special and careful enumeration of powers which follow the clause nugatory and improper. Such a view of the Constitution would have the effect of giving to Congress a general power of legislation instead of the defined and limited one hitherto understood to belong to them, the terms "common defense and general welfare" embracing every object and act within the purview of a legislative trust.
If I were to command a general to turn into a seagull, and if the general did not obey, that would not be the general's fault. It would be mine.
Official Washington cannot tell the American people that the real purpose of its gargantuan military expenditures and belligerent interventions is to make the world safe for General Motors, General Electric, General Dynamics, and all the other generals.
I'm, in general, an advocate of moderate ticket prices.
I have the utmost confidence in General Mattis, General Flynn, General Kelly, Dan Coates. I couldn't have picked a better team. And so I'm confident that Donald Trump will listen to them and be guided by them.
Maybe it's a sick fantasy of mine, but I am really looking forward to a debate between a general and a deserter. Plus, I really want to hear President Bush have to say, "Yes, General, No, General."
General Grant had no fixed plan of campaign beyond the general idea to avoid the strong defensive line occupied by General Lee behind Mine Run, and find a way to draw him out to open battle.
Fashion is silly. Perhaps I should say fashion in general is silly. But then everything is, in general. If you talk about music in general, it's silly; about magazines, in general, they're silly.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
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