The basic prescription for preventing deflation is...

The basic prescription for preventing deflation is straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.

Ben Bernanke Quote About Business, Support, Fiscal Policy: The Basic Prescription For Preventing...

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