I don’t see much evidence of an equity bubble.
BEN BERNANKEI don’t see much evidence of an equity bubble.
BEN BERNANKEI 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.
BEN BERNANKEIt takes about two and a half percent growth just to keep unemployment stable.
BEN BERNANKEOur mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.
BEN BERNANKEBoth humanity’s capacity to innovate and the incentives to innovate are greater today than at any other time in history.
BEN BERNANKEInvestment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
BEN BERNANKEThe basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending.
BEN BERNANKEIn the future, my communications with the public and with the markets will be entirely through regular and formal channels.
BEN BERNANKEThe risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.
BEN BERNANKEEconomics 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.
BEN BERNANKEIf you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
BEN BERNANKEDevelopments in financial markets can have broad economic effects felt by many outside the markets.
BEN BERNANKEI don’t fully understand movements in the gold price.
BEN BERNANKEI come from Main Street, from a small town that’s really depressed.
BEN BERNANKEI am confident that we will meet whatever challenges the future may bring.
BEN BERNANKEThe Federal Reserve will not monetize the debt.
BEN BERNANKE