The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses. Ben Bernanke businesscrisisdecline share on social
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education. Ben Bernanke capableclearconsumer share on social
Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a more sustainable home purchase at some later point. Ben Bernanke abilityconsumercredit share on social
When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to the broader macroeconomic environment. Ben Bernanke accountascribebroad Change image and share on social
The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable clothes on purpose is an example of what former Princeton hockey player and Nobel Prize winner Michael Spence taught economists to call 'signaling.' Ben Bernanke bigcallclothe share on social
Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and heavily burdened with bad loans. Ben Bernanke badbalancebank Change image and share on social
Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006. Ben Bernanke accountabilitychairmanfebruary Change image and share on social
Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions. Ben Bernanke complexdayeconomic share on social
The world has a great deal more to offer than money. Ben Bernanke dealgreatmoney Change image and share on social
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable. Ben Bernanke agreementareacontroversy Change image and share on social