Preventing liquidation of an unbalanced market will leave you in tears. — 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
While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S. — Ben Bernanke Copy Share Image
The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained. — Ben Bernanke Copy Share Image
Uncertainty is seen to retard investment independently of considerations of risk or expected return. — Ben Bernanke Copy Share Image
Our financial system is so complicated and so interactive - so many different markets in different countries and so many sets of… — Ben Bernanke Copy Share Image
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. — Ben Bernanke Copy Share Image
Developments in financial markets can have broad economic effects felt by many outside the markets. — Ben Bernanke Copy Share Image
The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make… — Ben Bernanke Copy Share Image
Market discipline can only limit moral hazard to the extent that debt and equity holders believe that, in the event of distress,… — 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
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it… — Ben Bernanke Copy Share Image
The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in… — Ben Bernanke Copy Share Image
To achieve a more balanced international system over time, countries with excessive and unsustainable trade surpluses will need to allow their exchange… — Ben Bernanke Copy Share Image
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a… — Ben Bernanke Copy Share Image
It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from… — Ben Bernanke Copy Share Image
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would… — Ben Bernanke Copy Share Image
To minimize market uncertainty and achieve the maximum effect of its policies, the Federal Reserve is committed to providing the public as… — Ben Bernanke Copy Share Image
A.I.G. was even larger than Lehman, with a substantial presence in derivatives and debt markets, as well as in insurance markets. — Ben Bernanke Copy Share Image
In the future, my communications with the public and with the markets will be entirely through regular and formal channels. — Ben Bernanke Copy Share Image
Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a great deal of risk. Moreover, even… — 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
Imperfect substitutability of assets implies that changes in the supplies of various assets available to private investors may affect the prices and… — 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… — Ben Bernanke Copy Share Image
The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that… — Ben Bernanke Copy Share Image
Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic… — Ben Bernanke Copy Share Image
Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment… — Ben Bernanke Copy Share Image
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities. — Ben Bernanke Copy Share Image
The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of… — Ben Bernanke Copy Share Image
The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be… — 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
