The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it. Ben Bernanke choicecommitmentdebate Change image and share on social
Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates. Ben Bernanke achieveattaincentral share on social
It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting. Ben Bernanke commutecosteat Change image and share on social
The Federal Reserve cannot solve all the economy's problems on its own. Ben Bernanke economyfederalproblem Change image and share on social
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 colleaguecouragecreative Change image and share on social
A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself. Ben Bernanke buydaygold Change image and share on social
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes. Ben Bernanke borrowerdeclinedifficult Change image and share on social
Because a person has to be either working or looking for work to be counted as part of the labor force, an increase in the number of people too discouraged to continue their search for work would reduce the unemployment rate, all else being equal - but not for a positive reason. Ben Bernanke continuecountdiscourage share on social
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being. Ben Bernanke economicsenhancementpromote Change image and share on social
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can reduce liquidity premiums, help restore the confidence of investors, and thus promote stability. Ben Bernanke confidencecreditinvestor share on social
