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Remarks before the Ninth Annual R.I.S.E. (Redefining Investment Strategy Education) Forum Dayton, Ohio, March 26, 2009 ; "Here is a take-home quote from Charles Mackay's classic tome "Extraordinary Popular Delusions and the Madness of Crowds", written in 1841: 'Men think in herds...[and] they go...
Persistent link: https://www.econbiz.de/10010723045
Remarks at the Midland Community Forum, Midland, Texas, August 17, 2011 ; "I have spoken to this many times in public. Those with the capacity to hire American workers... are immobilized. Not because they lack entrepreneurial zeal or do not wish to grow; not because they can’t access cheap and...
Persistent link: https://www.econbiz.de/10010723046
"Despite the efforts of the Fed, the hope that comes with a new presidency, and what will hopefully be responsible and carefully calibrated fiscal initiatives for the Congress, I believe we have an epic challenge ahead of us. We are navigating the mother of all financial storms. We will...
Persistent link: https://www.econbiz.de/10010723047
"Even the perception that the Fed is pursuing a cheap-money strategy to accommodate fiscal burdens, should it take root, is a paramount risk to the long-term welfare of the U.S. economy. The Federal Reserve will never let this happen. It is not an option. Ever. Period." ; Remarks before the...
Persistent link: https://www.econbiz.de/10010723048
Remarks before the Texas Economic Development Council Annual Conference, Dallas, Texas, October 6, 2011 ; "We must not lose track of this simple, unalterable, indisputable, critical fact: We have done well so far; our economy is mighty. But to stay ahead of the curve and compete in tomorrow’s...
Persistent link: https://www.econbiz.de/10010723049
Remarks before the Greater Houston Partnership, Houston, Texas, September 1, 2010 ; "If the fiscal and regulatory authorities are able to dispel the angst that they are reportedly causing, further accommodation may not be needed because the liquidity that has been built up on corporate balance...
Persistent link: https://www.econbiz.de/10010723050
Remarks before the Greater San Antonio Chamber of Commerce, San Antonio, Texas, July 29, 2010 ; "In whatever realm and whatever form, excessive uncertainty is the enemy of economic growth. As Ben Bernanke wrote in 1980, the 'resolution of uncertainty' can lead to '[a business] investment boom.'...
Persistent link: https://www.econbiz.de/10010723051
Remarks before the Park Cities Rotary Club, Dallas, Texas, February 9, 2007 ; "At this early juncture in 2007, I think it entirely reasonable to expect the economy to maintain an average pace of 3 percent growth for the year. And, if we at the Fed do our job well, we should be able to...
Persistent link: https://www.econbiz.de/10010723052
Remarks before the Australian Business Economists, Sydney, Australia, November 4, 2013 ; "Under these circumstances, it is no small wonder American businesses are not expanding and growing jobs at the pace we at the Fed would like to see. It is no small wonder that our economy is growing at a...
Persistent link: https://www.econbiz.de/10010723053
"In contemplating China, we need to look past carefully crafted images and deepen our understanding of her national interest. Failure to do so will be perilous." ; Remarks to a Working Dinner Sponsored by the Progress & Freedom Foundation, Aspen, Colorado, August 18, 2008.
Persistent link: https://www.econbiz.de/10010723054