Ben Bernanke

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Ben Bernanke

An economist who became Chairman of the Federal Reserve in 2005. He presided over the 2000s economic crisis, supervising the bailouts and forced mergers of a number of American financial institutions. He was both lauded and criticized for favoring an expansive monetary policy, which proponents claimed kept the American economy from collapsing in the crisis, but which others argued would lead to inflation. He is considered an expert on the Great Depression.
References in periodicals archive ?
13) See Bernake, Campbell, and Whited (1990) for details.
Although Federal Reserve chairman Ben Bernake previously said virtual currencies 'may hold long-term promise,' Americans seem to have acted calmly and sensibly and not jumped on the Bitcoin bandwagon," said Michael Deis, principal and president of Primer Research.
Yet once in office, Obama's crucial selections-Robert Gates at Defense, Timothy Geither at Treasury, and Ben Bernake at the Federal Reserve-were all top Bush officials, and they seamlessly continued the unpopular financial bailouts and foreign wars begun by his predecessor, producing what amounted to a third Bush term.
Time published its annual list Wednesday, showcasing a typically eclectic mix of personalities, ranging from the rich and powerful, like financier Warren Buffett or US Federal Reserve Chairman Ben Bernake, to popular entertainers like Adele and Beyonce.
8226; 75% are Lukewarm on Federal Reserve Chairman Ben Bernake
With US Federal Reserve Chairman Ben Bernake earlier this month not ruling out a third wave of quantitative easing, Due said a flood of more printed money could boost market confidence in gold once again.
Yellen's remarks followed Fed chairman Ben Bernake reiterating Wednesday his support for the Fed's pledge to keep ultra-low interest rates for an extended period.
Along the same lines, Ben Bernake, then Governor of The Federal Reserve Board, in a 2005 lecture to the Virginia Association of Economics, described a "metamorphosis of the developing world from a net user to a net supplier of funds to international capital markets" as one of the reasons for the savings glut.
I hope that [Federal Reserve Chairman Ben] Bernake is right in saying we've hit the bottom and we're on the rebound.
Bernake is apparently trying to bring about lower interest rates to spur business and consumer demand.
The more public grab of power was the $700 billion goliath to rescue the casino capitalists on Wall Street which was submitted in only 3 A' pages of proposed legislation to Congress by Paulson and Ben Bernake, the Fed's chairman in September.
3) Detailed discussions about the monetary transmission mechanism can be found in Miles and Wilcox (1991), Bernake and Blinder (1992), and Mankiw (1994).