As we try to make the financial system safer, we must inevitably confront the problem of moral hazard. Ben Bernanke confrontfinancialhazard Change image and share on social
Small businesses have played an important role in fueling past economic recoveries. Ben Bernanke businesseconomicfueling Change image and share on social
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions. Ben Bernanke actaffectbusiness Change image and share on social
In all likelihood, a significant amount of time will be required to restore the nearly eight and a half million jobs that were lost nationwide over 2008 and 2009. Ben Bernanke amounthalfjob Change image and share on social
I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect - and help, if necessary - than many people who are superficially more successful. Ben Bernanke agreeclothedeserve share on social
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
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
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
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary. Ben Bernanke brothercrisisdemonstrate 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