Controversy Quote by Ben Bernanke

“Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.”

Ben Bernanke

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If Wall Street crashes, does Main Street follow? Not necessarily.

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The Federal Reserve is not currently forecasting a recession.

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We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.

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In the past, Federal Reserve chairmen have not generally gone directly to the public.

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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…

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The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds…

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Community development has a long history of innovation and learning from experience.

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To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can…

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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…

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If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

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High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.

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