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From Quotes by Ben Bernanke
- Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very…
- Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment for individuals and…
- It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of…
- There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the…
- Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other…
- We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
- If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations…
- I come from Main Street, from a small town that's really depressed.
- We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will…
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