I would argue that no financial instrument counted as regulatory capital should be allowed to receive any protection from losses. Ben Bernanke allowarguecapital Change image and share on social
Obviously, I haven't succeeded in defusing the political concerns about the Fed. Ben Bernanke concerndefusefeed Change image and share on social
Our financial system is so complicated and so interactive - so many different markets in different countries and so many sets of rules. Ben Bernanke complicatecountryfinancial Change image and share on social
If bankers become overly conservative in response to past lending mistakes - or if examiners force such behavior - it will hurt bankers' own long-term interests and the economy in general. Ben Bernanke bankerbehaviorconservative Change image and share on social
There will not be an automatic increase in interest rate when unemployment hits 6.5%. Ben Bernanke automatichitincrease Change image and share on social
To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy. Ben Bernanke affectbankcredit Change image and share on social
Evolutionary psychologists suggest that humans experienced evolutionary benefits from brain developments that included aversion to loss and risk and from instincts for cooperation that helped strengthen communities. Ben Bernanke aversionbenefitbrain share on social
Interest rates are used to achieve overall economic stability. Ben Bernanke achieveeconomicinterest Change image and share on social
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. Ben Bernanke 1930scrisisdepression share on social
If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event. Ben Bernanke cliffeventfederal Change image and share on social