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
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 carehavemain Change image and share on social
The Federal Reserve has never suffered any losses in the course of its normal lending to banks and, now, to primary dealers. Ben Bernanke bankdealerfederal Change image and share on social
Imperfect substitutability of assets implies that changes in the supplies of various assets available to private investors may affect the prices and yields of those assets. Ben Bernanke affectassetimperfect Change image and share on social
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives. Ben Bernanke achieveanalysisdesign Change image and share on social
The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time. Ben Bernanke bankcentraldevelopment Change image and share on social
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 australiaaustraliancurrency share on social
Aggregate statistics can sometimes mask important information. Ben Bernanke aggregateimportantinformation Change image and share on social
If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment. Ben Bernanke colleaguecommitteeconfident share on social