Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes. Ben Bernanke budgeteeducationemergency share on social
Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear. Ben Bernanke affectbluntclear Change image and share on social
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. Ben Bernanke crisiseconomicfinancial Change image and share on social
Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products. Ben Bernanke crudedropgrowth Change image and share on social
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels. Ben Bernanke burdenclosecostly share on social
For practitioners of community development, as in any field, joining a network of like-minded professionals is important for building skills and becoming aware of opportunities and resources. Ben Bernanke awarebuildcommunity Change image and share on social
Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound. Ben Bernanke bankbindcall share on social
Most of the policies that support robust economic growth in the long run are outside the province of the central bank. Ben Bernanke bankcentraleconomic Change image and 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
