Not all information is beneficial.
BEN BERNANKESo it’s important, as it affects overall levels of production and employment in the U.S. There are many domestic industries doing well in the United States, notwithstanding a strong dollar.
More Ben Bernanke Quotes
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While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
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It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.
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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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If Wall Street crashes, does Main Street follow? Not necessarily.
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One might as well try to perform brain surgery with a sledgehammer.
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Developments in financial markets can have broad economic effects felt by many outside the markets.
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I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.
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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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A money-financed tax cut is essentially equivalent to Milton Friedman’s famous ‘helicopter drop’ of money.
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Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.
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Nobody really understands gold prices and I don’t pretend to understand them either.
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How much would you pay to avoid a second Depression?
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The Federal Reserve is not currently forecasting a recession.
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If your uniform isn’t dirty, you haven’t been in the game.
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I’d throw dollars out of helicopters if I had to, to stimulate the economy.
BEN BERNANKE