Ben Bernanke
Ben Bernanke
Ben Shalom Bernankeis an American economist at the Brookings Institution who served two terms as chairman of the Federal Reserve, the central bank of the United States, from 2006 to 2014. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the late-2000s financial crisis. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the department of economics there from 1996 to September 2002, when he went on public service leave...
NationalityAmerican
ProfessionPolitician
Date of Birth13 December 1953
CityAugusta, GA
CountryUnited States of America
This step would in no way reduce the importance of maximum employment as a policy goal, ... In any case, I assure this committee that if I am confirmed, I will take no precipitate steps in the direction of quantifying the definition of long-run price stability. This matter requires further study at the Federal Reserve as well as extensive discussion and consultation.
the policies and policy strategies established during the Greenspan years.
In the past, Federal Reserve chairmen have not generally gone directly to the public.
In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem.
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!'
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.
I would argue that no financial instrument counted as regulatory capital should be allowed to receive any protection from losses.
I was a professor at Princeton University. And, in that capacity, I studied for many years the role of financial crisis in the economy.
I don't think there are any students who should not be exposed to a basic financial literacy course.
I don't know why there aren't more Depression buffs.
Honest error in the face of complex and possibly intractable problems is a far more important source of bad results than are bad motives.
History has demonstrated time and again the inherent resilience and recuperative powers of the American economy.
Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006.
For many of us, owning a home signaled a passage into adulthood that coincided with the start of a career and family.