The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
BEN BERNANKEWe do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
More Ben Bernanke Quotes
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The central bank needs to be able to make policy without short term political concerns.
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If your uniform isn’t dirty, you haven’t been in the game.
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…the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals
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The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.
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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.
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The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer confidence and pressuring US financial markets and institutions.
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The Federal Reserve will not monetize the debt.
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If Wall Street crashes, does Main Street follow? Not necessarily.
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The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.
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If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy’s greatest contribution to general economic prosperity and maximum employment.
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If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
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We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
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The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.
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In the future, my communications with the public and with the markets will be entirely through regular and formal channels.
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The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.
BEN BERNANKE






