If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
Ben BernankeMonetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand
Ben BernankeThe financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.
Ben BernankeThe crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer confidence and pressuring US financial markets and institutions.
Ben BernankeIn the future, my communications with the public and with the markets will be entirely through regular and formal channels.
Ben BernankeOver the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency.
Ben Bernanke