A Quote by Ben Bernanke

Now that I'm a civilian again, I can once more comment on economic and financial issues without my words being put under the microscope by Fed watchers. — © Ben Bernanke
Now that I'm a civilian again, I can once more comment on economic and financial issues without my words being put under the microscope by Fed watchers.
In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic.
If someone appears on television and makes a comment, and we quote that comment, we are being accurate. But are we actually being sensible if we don't know if that comment is based on any facts whatsoever? It is something that journalists have to be much more aware of.
Fundamentally, the solution to economic insecurity is economic prosperity - an achievable goal. But for anyone who has grown up without financial security, there's a shadow that lies over even those who move towards independence: lack of financial literacy.
I had a born-again experience at the age of 33. As a result of that I found a church where I felt I was being fed properly. I don't say that as a reflection on Catholicism. But once I was born again, I got an evangelical spirit.
Being hurt is a pesky part of being human. You are bound to meet people who will hurt you again and again. Instead of asking them why again and again, ask yourself why you let them again and again. As Mahatma Gandhi once said, "Nobody can hurt you without your permission."
Writers are voracious readers. Once I unlocked the mystery of the alphabet that led to words, a multitude of words connecting me to the world, there was no stopping me. Everything was fair game, from Louisa May Alcott to my older cousin's True Romance Magazines, from Lewis Carroll to the backs of cereal boxes. All of this fed me, but it took certain books to make me grow. I don't want to work without a sense of drama, without passion, or without both eyes open to the world around me.
Our lives are so dominated by financial concerns - paying the rent - and consumer choices - what sort of detergent to buy at Costco - that larger issues get subsumed into economic ones. Not just social justice, but basic issues of faith and meaning.
People should say 'no comment' more often. No comment! I love no comment. Let's have more no comment.
Just as it wouldn't be right to only to have an economic dialogue with China, equally you shouldn't restrict your dialogue solely to issues around, say, human rights. You can raise all those issues, and that is what reflects a mature discussion. So I don't think essentially we have to choose between being partners in China's economic development and being proud defenders of British values.
I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law.
It is the habit of the unthinking to turn to the illusions of economic magic. These unhappy times call for the building of plans that put their faith once more in the forgotten man at the bottom of the economic pyramid
It's better to have the taxpayer pay for the losses than have the United States of America become an economic wasteland. If the financial system collapses, it's really, really hard to put it back together again.
Europe has, to put it mildly, been in a poor state since the transition to the 21st century. This is down to national issues, European missteps, and an economic and financial crisis that crashed down on us with enough force to dislodge the essential European idea.
The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to do more to shore up the financial system. We also are gonna have to make sure that we set up financial regulations so that not only does this never happen again, but you start having some sort of - trust in how the credit markets work again.
A lot of the interesting issues and dynamics within a city occur over things such as socio-economic issues or ethnic issues. But they require a much more elaborate model of human behavior.
We agreed that our economic and financial teams will remain in close contact as we stay focused on ensuring economic growth and financial stability.
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