The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.
BEN BERNANKEThe more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.
BEN BERNANKEThe American people are among the most productive in the world. We have the best technologies. We have – great universities. We have entrepreneurs.
BEN BERNANKEEducation – 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.
BEN BERNANKEThe amount of currency in circulation is not changing. The money supply is not changing in any significant way.
BEN BERNANKEI am very proud of my nerd-dom.
BEN BERNANKEWhile rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
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’s the price of success: people start to think you’re omnipotent.
BEN BERNANKEI come from Main Street, from a small town that’s really depressed.
BEN BERNANKEThe more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.
BEN BERNANKEIn the future, my communications with the public and with the markets will be entirely through regular and formal channels.
BEN BERNANKEInvestment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
BEN BERNANKEI don’t fully understand movements in the gold price.
BEN BERNANKEA collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.
BEN BERNANKESeptember and October of 2008 was the worst financial crisis in global history, including the Great Depression.
BEN BERNANKEAmong the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.
BEN BERNANKE