“How much would you pay to avoid a second Depression?” PayBorrowedGreat Depression 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
“The central bank needs to be able to make policy without short term political concerns.” NeedsAblePoliticalTermPolicyConcernShort TermCentral Banks Author:Ben Bernanke
“Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.” ThinkingKnowsYearsLife IsImaginationLackingUnpredictable 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
“Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.” MadePastChoicesFieldsEconomicsSophisticatedExplainingSuperb 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
“The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.” ProblemSeemsEconomyImpactFinancialFinancial Markets Author:Ben Bernanke