Author Profile
Ben Bernanke
1953 • American Public • Servant
71
Total Quotes
Collected Meditations
Showing 71 quotesGrowth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products.— Ben Bernanke
I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.— Ben Bernanke
Only a strong economy can create higher asset values and sustainably good returns for savers.— Ben Bernanke
Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would like to be.— Ben Bernanke
In any given month, a large number of workers are being hired or are leaving their current jobs, illustrating the dynamism of the U.S. labor market.— Ben Bernanke
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 more sustainable home purchase at some later point.— Ben Bernanke
If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either be by increasing domestic demand or by weakening its own currency.— Ben Bernanke
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.— Ben Bernanke
The movement toward a holistic approach to community development has been long in the making, but the housing crisis has motivated further progress.— Ben Bernanke
Neighborhoods and communities are complex organisms that will be resilient only if they are healthy along a number of interrelated dimensions, much as a human body cannot be healthy without adequate air, water, rest, and food.— Ben Bernanke
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.— Ben Bernanke
The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes.— Ben Bernanke
People saw the Depression as a necessary thing - a chance to squeeze out the excesses, get back to Puritan morality. That just made things worse.— Ben Bernanke
Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category.— Ben Bernanke
Developments in financial markets can have broad economic effects felt by many outside the markets.— Ben Bernanke
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.— Ben Bernanke
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.— Ben Bernanke