Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation. Ben Bernanke constitutedeclinedeflation Change image and 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
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
Because a person has to be either working or looking for work to be counted as part of the labor force, an increase in the number of people too discouraged to continue their search for work would reduce the unemployment rate, all else being equal - but not for a positive reason. Ben Bernanke continuecountdiscourage 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
As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and support credit market functioning, including the establishment of a number of emergency lending facilities and the creation or extension of currency swap agreements with 14 central banks around the world. Ben Bernanke agreementbankcentral 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
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