90 Ben Bernanke Quotes for You to Enjoy

Ben Bernanke

American Public Servant

Born: Dec 13, 1953

About Central Financial People Will You

Related authors: Andrew Yang Betsy DeVos Clara Barton Elizabeth Warren Hope Hicks Jerome Powell Jim Mattis Joseph Dunford

It takes about two and a half percent growth just to keep unemployment stable. Ben Bernanke

Half About Percent Takes Unemployment Stable Just Keep Growth Two

If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event. Ben Bernanke

Think Tools Federal Federal Reserve Cliff Fiscal Occurs Offset Reserve Event

Interest rates are used to achieve overall economic stability. Ben Bernanke

Achieve Rates Economic Overall Stability Interest Interest Rates Used

There are limits to monetary policy. Ben Bernanke

Policy Limits Monetary Monetary Policy

The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007. Ben Bernanke

Financial Stress Fall Beginning Recession System Significant Financial System Threaten Lead Overall Economy Although End Did Stability

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 severe, lasted essentially from 1929 to 1933. Ben Bernanke

As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people. Ben Bernanke

Education Myself Good Quality People Young Our Good Teachers Quality Education Understand Educator Effect Young People Teachers Lives Profound

The Fed needs an approach that consolidates the gains of the Greenspan years and ensures that those successful policies will continue - even if future Fed chairmen are less skillful or less committed to price stability than Mr. Greenspan has been. Ben Bernanke

The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes. Ben Bernanke

Financial Extraordinarily Summer Complex Financial Crisis Crisis Causes Began Multiple Event

Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates. Ben Bernanke

Management Problems Stronger Increase Approach Would Rates General Risk More Risk Management Supervision Bubble Practices Housing Surgical Been Effective Than Interest Interest Rates Regulation

Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime. Ben Bernanke

Life Legal Quality Crime Delay Example Increases Other Neglected Neighborhood Abandoned Vandalism Deteriorating Properties Directly Factors Leading For Example Quality Of Life Affect Turn Many Homes Vacant

Preventing liquidation of an unbalanced market will leave you in tears. Ben Bernanke

You Tears Will Market Unbalanced Preventing Leave Liquidation

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. Ben Bernanke

Problem Events Financial Other Market Market Crash Latin Latin American Crises Crisis Remains Instability Remind Reminded Concern Mexican Debt Stock Stock Market Wall Wall Street American Did Crash Us Should Street

I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's ability to function effectively and achieve its mandated objectives. Ben Bernanke

Political Achieve Will Assure Strictly Independent Ability Objectives Institution Am Effectively Committee Essential Influences Confirmed Function

Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly. Ben Bernanke

Financial Congress Our All Americans System Critical Financial System Promote Output Price Mission Employment Well Fairly Efficient American Stability Maximum Stable Sustainable Forth Foster Serve Growth Set Preserve

I come from Main Street, from a small town that's really depressed. Ben Bernanke

Small Main Small Town Main Street Town Come Depressed Really Street

The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example. Ben Bernanke

Buy Example Easing Only Moreover Federal Federal Reserve For Example Terms Involves Quantitative Agencies Bills Reserve Buying

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand. Ben Bernanke

Try Out About Demand Economy Periods Policy Because Smooth Lack Where Cannot Depressed Much Monetary Monetary Policy Growth

The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings. Ben Bernanke

Increased Benefit Banker Central Credibility Brings Appointment

In the future, my communications with the public and with the markets will be entirely through regular and formal channels. Ben Bernanke

Future Will Channels Markets Entirely Through Formal Public Communications Regular

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare. Ben Bernanke

Today Long Say Run Security John Long Run He Economist Dead Around Said Were Social Might Social Security Medicare

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