Quotes About Ben Bernanke

Relative to the enormous size of the mortgage market, the number seemed small to me.

Still, given the circumstances and our rapidly shrinking options, it seemed the best solution.

I argued that the Fed offered a unique mix of expertise and experience that couldn't be replicated soon, if ever, at a new financial stability agency.

With Don's and my arrival, the Board was at full strength, with all seven seats filled.

could help convince markets that policy would remain easy for as long as needed to return inflation to our target.

part of our mistake in 1998 was a failure to appreciate just how strong the U.S. economy was

had doubts. Short-selling is part of how a healthy market determines prices. A

For me, one of the most important developments in Europe was a change in the leadership of the European Central Bank.

A few news articles noted that the bill largely reflected regulations that the Fed had already adopted, but for the most part our contributions were ignored.

offering advice to the administration and Congress when we thought we could be helpful.

There wasn't time to draw up new documents.

My relationship with Corker was complicated by frequent policy disagreements.

the increasing hostility of Republicans to the Fed and to me personally troubled me,

The economy seemed to pick up for a few months, but by the time of our March 2003 meeting the recovery again seemed stalled. Shockingly,

Once again, the president expressed his full support for us.

I thought of myself as a moderate Republican—liberal on social issues,

we knew it wasn't going to happen unless Greenspan changed his views.

What he had was unqualified support from heavy hitters including former Treasury secretaries Larry Summers and Bob Rubin, as well as the chairman of the New York Fed's board—Pete Peterson, a former commerce secretary under

and I would spend much of my professional career trying to better understand why deep economic depressions occur.

I saw the GSEs as the responsibility of Congress

but nothing would please me more than being able to get the Fed out of the bailout business.

had been lobbying aggressively against enhancing the Fed's authority.

After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy.

If you have a traditional view of economics, you're probably thinking of Ben Bernanke making Fed policy, or the guys creating financial derivatives at Goldman Sachs.