Market discipline can only limit moral hazard to the extent that debt and equity holders believe that, in the event of distress, they will bear costs. Ben Bernanke bearcostdebt Change image and share on social
Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system. Ben Bernanke avoidbankbanker Change image and share on social
Identity theft is a serious crime that affects millions of Americans each year. Ben Bernanke affectamericancrime Change image and share on social
Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong. Ben Bernanke bankborrowercontinue Change image and share on social
Remember that physical beauty is evolution's way of assuring us that the other person doesn't have too many intestinal parasites. Ben Bernanke assurebeautyevolution Change image and 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