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
The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.
How much would you pay to avoid a second Depression?
I am confident that we will meet whatever challenges the future may bring.
One might as well try to perform brain surgery with a sledgehammer.
I don't fully understand movements in the gold price
Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.
The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.
The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.
The GSEs are adequately capitalized. They are in no danger of failing.
The Federal Reserve is not currently forecasting a recession.
If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations bear the burden of population aging is appropriate, as they will likely be richer than we are even taking that burden into account.
I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.
House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.
In fact, the world needs more nerds.