“If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.” IfsGreaterAskingRateChineseFlexibility Author:Ben Bernanke
“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.” IfsPoliticalAbilityEconomyInfluenceAchieveEssentialsFunctionIndependentInstitutionsObjectivesCommitteesPolitical Influence Author:Ben Bernanke
“The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.” IfsUseCasesRiskApproachMethodInvestingAssetsBubblesResilientRisk-taking Author:Ben Bernanke
“I'd throw dollars out of helicopters if I had to, to stimulate the economy.” IfsEconomyDollarsHelicopters Author:Ben Bernanke
“If Wall Street crashes, does Main Street follow? Not necessarily.” IfsDoeStreetsWallCrashMain Street Author:Ben Bernanke
“[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.” IfsMayLongTermPromiseInnovationSecureFasterLong TermEfficientCurrencyPayment Author:Ben Bernanke
“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.” IfsLongTermFocusEconomicPolicyProsperityEmploymentLong TermContributionStabilityCommitteesColleaguesMaximumMonetaryMonetary PolicyEconomic ProsperityPrice Stability Author:Ben Bernanke
“If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.” IfsWantEconomyStudyDepressionEarthquakesGeology Author:Ben Bernanke
“If your uniform isn't dirty, you haven't been in the game.” IfsGamesHavensDirtyUniformsGraduationGreat GraduationCollege Graduation Author:Ben Bernanke
“A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.” IfsDoeCausesWhiteEconomyStreetsEffectsWallEconomicsInvestingCollapseCrashKnucklesMain StreetStock Price Author:Ben Bernanke
“If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations bear the burden of population aging is appropriate, as they will likely be richer than we are even taking that burden into account.” IfsMightGenerationsBearsAccountsAgingWorkersPopulationCurrentsBurdenDecadesArguingProductiveAppropriateTrendsTypicalFuture Generation Author:Ben Bernanke
“The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.” IfsLongSaidMightRunningTodaySocialSecurityLong RunsEconomistSocial SecurityMedicareKeynes Author:Ben Bernanke
“If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.” IfsAchievementSatisfactionNot HappyHappy With Yourself Author:Ben Bernanke
“Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.” IfsGamesFailingHavensEssentialsLikesDirtyUniformsParts Of Life Author:Ben Bernanke