373 Quotes by Ben Bernanke

In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.

The Federal Reserve has never suffered any losses in the course of its normal lending to banks and, now, to primary dealers.

The movement toward a holistic approach to community development has been long in the making, but the housing crisis has motivated further progress.

Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy.

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.

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.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

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