There is a deficit I'd like to see it lowered. But it's up to Congress to decide whether that should be done by higher taxes, lower spending or some combination.
More Quotes from Ben Bernanke:
can account for the bulk of the recent increase in the real price of gold.Ben Bernanke
We benefit from foreign direct investment. Many Americans are employed by foreign companies with plants in the United States, for example in the automobile industry. So, trade is a two way street. I think, it is important to protect Americans who lose their jobs, or whose jobs come under pressure from international trade. But, I think, we need to be careful not to embrace economic isolationism.
Ben Bernanke
might have done much more harm than good.
Ben Bernanke
a forecast about the future evolution of policy, not an unconditional commitment.
Ben Bernanke
There's no magical relationship between inverted yield curves and recession. There's a debate why long-term rates are so low. It's partly a low term premium and a lot of saving looking for a relatively limited number of investments.
Ben Bernanke
I will make continuity with the policies and policy strategies of the Greenspan Fed a top priority,
Ben Bernanke
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