Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is… — Ben Bernanke Copy Share Image
When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to… — Ben Bernanke Copy Share Image
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers… — 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
A meritocracy is a system in which the people who are the luckiest in their health and genetic endowment; luckiest in terms… — Ben Bernanke Copy Share Image
Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for… — 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
