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
Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category. Ben Bernanke academicbehaviorcategory 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
The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007. Ben Bernanke begineconomyend share on social
In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking. Ben Bernanke acceptclosefailure Change image and share on social
History has demonstrated time and again the inherent resilience and recuperative powers of the American economy. Ben Bernanke americandemonstrateeconomy Change image and share on social
The Libor system is structurally flawed. It is a major problem for our financial system and for the confidence in the financial system. We need to address it. Ben Bernanke addressconfidencefinancial Change image and share on social
I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's ability to function effectively and achieve its mandated objectives. Ben Bernanke abilityachieveassure share on social
Monetary policy is not a panacea. Ben Bernanke monetarypanaceapolicy Change image and share on social
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. Ben Bernanke collapseknucklelot Change image and share on social
