I would argue that no financial instrument counted as regulatory capital should be allowed to receive any protection from losses. Ben Bernanke Read Quote
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 Read Quote
Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006. Ben Bernanke Read Quote
The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and for what purposes those tools are being used. Ben Bernanke Read Quote
At the most basic level, a central bank must be clear and open about its actions and operations, particularly when they involve the deployment of public funds. Ben Bernanke Read Quote
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels. Ben Bernanke Read Quote
Most of the policies that support robust economic growth in the long run are outside the province of the central bank. Ben Bernanke Read Quote
Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional. Ben Bernanke Read Quote
