Author Profile
Ben Bernanke
1953 • American Public • Servant
18
Total Quotes
Top Topics
Collected Meditations
Showing 18 quotesThe Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds of war gathering ominously in the background... For my money, few periods are so replete with human interest.— Ben Bernanke
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
topics:
Legal
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.— Ben Bernanke
topics:
Home
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.— Ben Bernanke
topics:
History
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
topics:
Graduation
To minimize market uncertainty and achieve the maximum effect of its policies, the Federal Reserve is committed to providing the public as much information as possible about the uses of its balance sheet, plans regarding future uses of its balance sheet, and the criteria on which the relevant decisions are based.— Ben Bernanke
topics:
Future
I am particularly pleased to see that the Bendheim Center for Finance is thriving.— Ben Bernanke
topics:
Finance
In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.— Ben Bernanke
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary.— Ben Bernanke
topics:
Failure
Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.— Ben Bernanke
topics:
Education
The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.— Ben Bernanke
topics:
Education
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.— Ben Bernanke
topics:
Design
When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve... mustered the moral courage to do what was necessary.— Ben Bernanke
topics:
Courage
Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound.— Ben Bernanke
topics:
Communication
If you're in a car crash, you're mostly involved in trying to not go off the bridge, and later on you say, 'Oh my God!'— Ben Bernanke
topics:
Car