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
The world has a great deal more to offer than money. Ben Bernanke dealgreatmoney Change image and share on social
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves. Ben Bernanke advanceincomeinequality Change image and share on social
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings. Ben Bernanke appointappointmentbanker Change image and share on social
The amount of currency in circulation is not changing. The money supply is not changing in any significant way. Ben Bernanke amountchangecirculation Change image and share on social
It's the price of success: people start to think you're omnipotent. Ben Bernanke omnipotentpeopleprice Change image and share on social
The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare. Ben Bernanke deadeconomistjohn Change image and share on social
Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever is necessary to get the economy going. Ben Bernanke businesseconomygood Change image and share on social
Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have sparked a global banking panic. Ben Bernanke bankexposureextent share on social
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability. Ben Bernanke civicfostergraduation Change image and share on social
