Ben Bernanke

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. ”

Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would like to be. ”

The children of the unemployed achieve less in school and appear to have reduced long-term earnings prospects. ”

Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy. ”

To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can reduce liquidity premiums, help restore the confidence of investors, and thus promote stability. ”

Imperfect substitutability of assets implies that changes in the supplies of various assets available to private investors may affect the prices and yields of those assets. ”

Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable. ”

The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation. ”

As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people. ”

I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect - and help, if necessary - than many people who are superficially more successful. ”