Nation Quotes
Find one of the best and famous quote catagorized into topics like inspirational, motivations, deep, thoughtful, art, success, passion, frindship, life, love and many more.
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.
Quote by -Ben Bernanke
Honest error in the face of complex and possibly intractable problems is a far more important source of bad results than are bad motives.
Quote by -Ben Bernanke
Remember that physical beauty is evolution's way of assuring us that the other person doesn't have too many intestinal parasites.
Quote by -Ben Bernanke
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.
Quote by -Ben Bernanke
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.
Quote by -Ben Bernanke
If you're in a car crash, you're mostly involved in trying to not go off the bridge, and later on you say, 'Oh my God!'
Quote by -Ben Bernanke
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
Quote by -Ben Bernanke
The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.
Quote by -Ben Bernanke
China is growing very quickly and is clearly becoming an important player in the world economy.
Quote by -Ben Bernanke
Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.
Quote by -Ben Bernanke
Long term, I have a lot of confidence in the United States. We have an excellent record in terms of innovation. We have great universities that are involved in technological change and progress. We have an entrepreneurial culture, much more than almost any other country.
Quote by -Ben Bernanke
To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy.
Quote by -Ben Bernanke
In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem.
Quote by -Ben Bernanke
If you take a candy bar in the short run, it gives you a burst of energy, but after a while, it just makes you fat.
Quote by -Ben Bernanke
The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.
Quote by -Ben Bernanke
I came home from school one day, and there was a phone call for me. And I picked up the phone. They said, 'This is the Harvard Admissions Department. We'd like to let you know that you're accepted in the freshman class.' And I said, 'Come on, who is this really?'
Quote by -Ben Bernanke
I got into economics because I wanted to make things better for the average person.
Quote by -Ben Bernanke
I was a professor at Princeton University. And, in that capacity, I studied for many years the role of financial crisis in the economy.
Quote by -Ben Bernanke
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.
Quote by -Ben Bernanke
In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, which were government-sponsored enterprises, which hold hundreds of billions of dollars of mortgages, because of the losses they took on the mortgages, they essentially became insolvent, and the government had to take them over.
Quote by -Ben Bernanke
There are a number of institutions globally where the Federal Reserve typically leads the U.S. effort to work with financial regulators from other countries, and we try to, to the extent possible, establish international standards for how - the amount of capital a bank should hold, for example, or how much.
Quote by -Ben Bernanke
In the past, Federal Reserve chairmen have not generally gone directly to the public.
Quote by -Ben Bernanke
I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.
Quote by -Ben Bernanke
The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable clothes on purpose is an example of what former Princeton hockey player and Nobel Prize winner Michael Spence taught economists to call 'signaling.'
Quote by -Ben Bernanke
My proposal that Fed governors should signal their commitment to public service by wearing Hawaiian shirts and Bermuda shorts has so far gone unheeded.
Quote by -Ben Bernanke
I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.
Quote by -Ben Bernanke
Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'
Quote by -Ben Bernanke
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being.
Quote by -Ben Bernanke
As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and support credit market functioning, including the establishment of a number of emergency lending facilities and the creation or extension of currency swap agreements with 14 central banks around the world.
Quote by -Ben Bernanke
Imperfect substitutability of assets implies that changes in the supplies of various assets available to private investors may affect the prices and yields of those assets.
Quote by -Ben Bernanke
Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound.
Quote by -Ben Bernanke
As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people.
Quote by -Ben Bernanke
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.
Quote by -Ben Bernanke
If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either be by increasing domestic demand or by weakening its own currency.
Quote by -Ben Bernanke
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.
Quote by -Ben Bernanke
One would be forgiven for concluding that the assumed benefits of financial innovation are not all they were cracked up to be.
Quote by -Ben Bernanke
The Fed needs an approach that consolidates the gains of the Greenspan years and ensures that those successful policies will continue - even if future Fed chairmen are less skillful or less committed to price stability than Mr. Greenspan has been.
Quote by -Ben Bernanke
Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have sparked a global banking panic.
Quote by -Ben Bernanke