Ben Bernanke Quotes
-
Quantitatively, outsourcing abroad simply cannot account for much of the recent weakness in the U.S. labor market and does not appear likely to be an .important restraint to further recovery in employment.
-
The movement toward a holistic approach to community development has been long in the making, but the housing crisis has motivated further progress.
-
Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and heavily burdened with bad loans.
-
The 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.
-
Our understanding of the best practice in monetary policy evolved during Alan Greenspan's tenure at the Fed, and it will continue to evolve in the future.
-
Doing this well requires a deep knowledge of the data mixed with a goodly dose of economic theory and economic judgment, ... Greenspan is, of course, a master.
-
There are various estimates about the third quarter impact, ... Our CEA (Council of Economic Advisers) numbers are somewhere between a half and one percentage point on growth. That would still probably leave us at a decent rate of growth for the third quarter.
-
Low marginal tax rates are supportive of economic growth. I would submit that we would want to look very hard at government spending - make sure it's controlled - before we raise taxes, which, in turn, would have negative impacts on the economy.
-
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
-
Clearly, it's going to affect the Gulf Coast economy quite a bit.
-
I'm... fairly optimistic today about the ability of the U.S. economy to absorb these body blows.
-
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.
-
Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the financial markets, a trend that I strongly support.
-
We must ensure that the funds we commit are spent wisely and with careful oversight.
-
In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.
-
The resilience of the economy ... is helping it to absorb the shocks to energy and transportation from the hurricanes.
-
There appears to be some possibility that the recent trend toward disinflation will continue, primarily because of the potentially large amount of economic slack in the system.
-
In any given month, a large number of workers are being hired or are leaving their current jobs, illustrating the dynamism of the U.S. labor market.
-
The role of liquidity in systemic events provides yet another reason why, in the future, a more system wide or macroprudential approach to regulation is needed.
-
I don't see any significant risk of a recession.
-
Inflation is up, driven by energy prices. Underlying core rates remain low, which is encouraging.
-
Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever is necessary to get the economy going.
-
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.
-
The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.