…the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals
BEN BERNANKEThe amount of currency in circulation is not changing. The money supply is not changing in any significant way.
More Ben Bernanke Quotes
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I am confident that we will meet whatever challenges the future may bring.
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Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.
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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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House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.
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Nobody really understands gold prices and I don’t pretend to understand them either.
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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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Education – lifelong education for everyone – from toddlers to workers well advanced in their careers – is indeed an excellent investment for individuals and society as a whole.
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Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.
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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 don’t see much evidence of an equity bubble.
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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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It’s true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.
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A gold standard doesn’t imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
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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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The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
BEN BERNANKE