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I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonstrated - was that when orthodoxy fails, then you need to try new things. And he was very willing to try unorthodox approaches when the orthodox approach had shown that it was not adequate.


Ben Bernanke


#approach #approaches #demonstrated #depression #fails

The American people are among the most productive in the world. We have the best technologies. We have great universities. We have entrepreneurs.


Ben Bernanke


#american people #among #best #entrepreneurs #great

The amount of currency in circulation is not changing. The money supply is not changing in any significant way.


Ben Bernanke


#any #changing #circulation #currency #money

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.


Ben Bernanke


#businesses #crisis #declines #destroyed #economic

I have been commissioned to write an autobiography and I would be grateful to any of your readers who could tell me what I was doing between 1960 and 1974.


Jeffrey Bernard


#autobiography #be grateful #been #between #commissioned

The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.


Ben Bernanke


#affected #business #confidence #consumer #consumer confidence

The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example.


Ben Bernanke


#bills #buy #buying #easing #example

The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.


Ben Bernanke


#closing #code #corporate #could #create

A poor man with nothing in his belly needs hope, illusion, more than bread.


Georges Bernanos


#bread #his #hope #illusion #man

Oh, to me not drinking is like being dead, almost. I sit here taking endless journeys down memory lane. It gets boring.


Jeffrey Bernard


#being #boring #dead #down #drinking






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