American - Public | December 13, 1953 -
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.
Ben Bernanke
RespectPeopleThinkHelpLaborSay
If you're in a car crash, you're mostly involved in trying to not go off the bridge, and later on you say, 'Oh my God!'
CarGodBridgeTryingYouGo
China is growing very quickly and is clearly becoming an important player in the world economy.
WorldGrowingImportantEconomyVery
Long term, I have a lot of confidence in the United States. We have an excellent record in terms of innovation. We have great universities that are involved in technological change and progress. We have an entrepreneurial culture, much more than almost any other country.
ChangeConfidenceInnovationGreat
To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy.
PerformanceCreditBankEconomyReal
Actually, I'm a Republican.
RepublicanActually
In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem.
WorldShortProblemTradeDemand
Interest rates are used to achieve overall economic stability.
AchieveStabilityUsedEconomic
The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time.
TimePeopleThinkAppreciateLong
To achieve a more balanced international system over time, countries with excessive and unsustainable trade surpluses will need to allow their exchange rates to better reflect market fundamentals.
TimeBetterAchieveFundamentals
Preventing liquidation of an unbalanced market will leave you in tears.
TearsYouWillLeaveMarket
Uncertainty is seen to retard investment independently of considerations of risk or expected return.
UncertaintyInvestmentRiskReturn
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