Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective.
BEN BERNANKEIf your uniform isn’t dirty, you haven’t been in the game.
More Ben Bernanke Quotes
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One might as well try to perform brain surgery with a sledgehammer.
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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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I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.
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I assure this committee that, if I am confirmed, I will be strictly independent of all political influences… essential to that institution’s ability to function effectively and achieve its mandated objectives.
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The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.
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The GSEs are adequately capitalized. They are in no danger of failing.
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If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.
BEN BERNANKE -
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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[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment 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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Developments in financial markets can have broad economic effects felt by many outside the markets.
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Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand
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Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn’t dirty, you haven’t been in the game.
BEN BERNANKE -
If you are not happy with yourself, even the loftiest achievements won’t bring you much satisfaction.
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If your uniform isn’t dirty, you haven’t been in the game.
BEN BERNANKE