The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in… — Ben Bernanke Copy Share Image
I was a professor at Princeton University. And, in that capacity, I studied for many years the role of financial crisis in… — Ben Bernanke Copy Share Image
The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer… — Ben Bernanke Copy Share Image
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer… — Ben Bernanke Copy Share Image
The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung… — Ben Bernanke Copy Share Image
The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes. — Ben Bernanke Copy Share Image
September and October of 2008 was the worst financial crisis in global history, including the Great Depression. — Ben Bernanke Copy Share Image
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial… — Ben Bernanke Copy Share Image
The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events… — Ben Bernanke Copy Share Image
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial… — Ben Bernanke Copy Share Image
The movement toward a holistic approach to community development has been long in the making, but the housing crisis has motivated further… — Ben Bernanke Copy Share Image
I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing… — Ben Bernanke Copy Share Image
The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again. — Ben Bernanke Copy Share Image
We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. — Ben Bernanke Copy Share Image
In the past, Federal Reserve chairmen have not generally gone directly to the public. — Ben Bernanke Copy Share Image
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… — Ben Bernanke Copy Share Image
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds… — Ben Bernanke Copy Share Image
Community development has a long history of innovation and learning from experience. — Ben Bernanke Copy Share Image
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can… — Ben Bernanke Copy Share Image
Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a… — Ben Bernanke Copy Share Image
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction. — Ben Bernanke Copy Share Image
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability. — Ben Bernanke Copy Share Image
...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals — Ben Bernanke Copy Share Image
