Ben Bernanke Quotes
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There are two possible mistakes: One is to go on too long, and one is not to go on long enough. And, it's a very difficult balancing act.
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Small businesses have played an important role in fueling past economic recoveries.
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Among 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.
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He lived with us for 24 years, ... He studied with us.
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The world has a great deal more to offer than money.
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Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.
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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.
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Might have done much more harm than good.
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For practitioners of community development, as in any field, joining a network of like-minded professionals is important for building skills and becoming aware of opportunities and resources.
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Community development has a long history of innovation and learning from experience.
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Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'
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We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.
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The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.
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Nobody really understands gold prices and I don't pretend to understand them either.
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The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
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History has demonstrated time and again the inherent resilience and recuperative powers of the American economy.
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Uncertainty is seen to retard investment independently of considerations of risk or expected return.
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Until the job market improves, this recovery will not feel like a recovery to most Americans.
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Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.
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Reconstruction is going to add jobs and growth to the economy.
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The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost.
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Unfortunately there's nothing, really, that can be done that's going to affect energy prices or gasoline prices in the very short run.
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I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect - and help, if necessary - than many people who are superficially more successful.
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Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.