--- title: "2 Banking system Quotes By Janet Yellen" description: "2 Banking system quotes by Janet Yellen. Plus more from Janet Yellen and more Banking system sayings from other authors." image: "https://sms4smile.com/quotes/i/568/janet-yellen-2828_agency_for-my-own-part-i-did-not-see-and-did-no_55704.jpg" --- > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) [Image](https://sms4smile.com/quotes/i/568/janet-yellen-2828_agency_for-my-own-part-i-did-not-see-and-did-no_55704.jpg) > [We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.](https://sms4smile.com/quotes/janet-yellen/we-have-put-in-place-policies-through-supervision-and-regulation-that/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) [Image](https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png) ## Other authors on Banking system - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-adnan-pachachi-9524.jpg) Kenneth C. Griffin 5 quotes ](https://sms4smile.com/quotes/about/banking-system/kenneth-c-griffin/) ## More by Janet Yellen > [Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.](https://sms4smile.com/quotes/janet-yellen/nationally-the-share-of-mortgages-that-are-underwater-fell-by-about/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.](https://sms4smile.com/quotes/janet-yellen/will-capitalist-economies-operate-at-full-employment-in-the-absence/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…](https://sms4smile.com/quotes/janet-yellen/individuals-out-of-work-for-an-extended-period-can-become-less/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…](https://sms4smile.com/quotes/janet-yellen/for-decades-the-pace-of-technological-change-in-manufacturing-has/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look…](https://sms4smile.com/quotes/janet-yellen/it-s-important-for-market-participants-to-have-a-sense-of-how-we/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about…](https://sms4smile.com/quotes/janet-yellen/if-there-is-a-job-that-you-feel-passionate-about-do-what-you-can-to/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Although we work through financial markets, our goal is to help Main Street, not Wall Street.](https://sms4smile.com/quotes/janet-yellen/although-we-work-through-financial-markets-our-goal-is-to-help-main/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was…](https://sms4smile.com/quotes/janet-yellen/i-felt-that-the-fed-had-always-been-the-agency-that-picked-up-the/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty…](https://sms4smile.com/quotes/janet-yellen/increased-business-sales-would-almost-certainly-raise-the-productive/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…](https://sms4smile.com/quotes/janet-yellen/there-were-a-lot-of-manufacturing-jobs-lost-over-a-long-period-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices…](https://sms4smile.com/quotes/janet-yellen/uncertainty-about-sales-impedes-business-planning-and-could-harm/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…](https://sms4smile.com/quotes/janet-yellen/stronger-productivity-growth-would-tend-to-raise-the-average-level-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.](https://sms4smile.com/quotes/janet-yellen/the-federal-open-market-committee-fomc-is-committed-to-policies-that/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the…](https://sms4smile.com/quotes/janet-yellen/to-me-the-greatest-asset-of-the-fed-is-the-people-we-have-a/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/banking-system/janet-yellen/#itemlist", "name": "2 Banking system Quotes By Janet Yellen", "numberOfItems": 2, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.", "creator": { "@type": "Person", "name": "Janet Yellen" }, "url": "https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/568/janet-yellen-2828_agency_for-my-own-part-i-did-not-see-and-did-no_55704.jpg", "contentUrl": "https://sms4smile.com/quotes/i/568/janet-yellen-2828_agency_for-my-own-part-i-did-not-see-and-did-no_55704.jpg", "url": "https://sms4smile.com/quotes/i/568/janet-yellen-2828_agency_for-my-own-part-i-did-not-see-and-did-no_55704.jpg", "width": 1080, "height": 1080, "caption": "“For my own part, I did not see and did not appreciate what the risks were with securitization, the credit…” — Janet Yellen", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.", "creator": { "@type": "Person", "name": "Janet Yellen" }, "url": "https://sms4smile.com/quotes/janet-yellen/we-have-put-in-place-policies-through-supervision-and-regulation-that/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png", "contentUrl": "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png", "url": "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png", "width": 1080, "height": 1080, "caption": "“We have put in place policies through supervision and regulation that has greatly enhanced the safety and…” — Janet Yellen", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/banking-system/janet-yellen/#webpage", "url": "https://sms4smile.com/quotes/about/banking-system/janet-yellen/", "name": "Banking system Quotes by Janet Yellen", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/banking-system/janet-yellen/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/568/janet-yellen-2828_agency_for-my-own-part-i-did-not-see-and-did-no_55704.jpg" }, "description": "2 Banking system quotes by Janet Yellen. 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