Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years. Ben Bernanke comedatumeconomist share on social
Now that I'm a civilian again, I can once more comment on economic and financial issues without my words being put under the microscope by Fed watchers. Ben Bernanke civiliancommenteconomic Change image and share on social
If bankers become overly conservative in response to past lending mistakes - or if examiners force such behavior - it will hurt bankers' own long-term interests and the economy in general. Ben Bernanke bankerbehaviorconservative 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
The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing. Ben Bernanke economyfederalheart Change image and share on social
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand. Ben Bernanke demanddepresseconomy Change image and share on social
Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime. Ben Bernanke abandonaffectcrime 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
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can reduce liquidity premiums, help restore the confidence of investors, and thus promote stability. Ben Bernanke confidencecreditinvestor share on social
