Ben Bernanke actually said...

The Japanese mistake was not acting quickly enough or aggressively enough, and I think that is not our problem.

Bernanke explains that the U.S. is acting more decisively than Japan did during its crisis.

03/02/2009

More Ben Bernanke Quotes

The belief by market participants that some firms may be too big to fail has many undesirable effects.

I thank you for the opportunity to appear before you today.

I think there is an appropriate division of labor: Congress and the administration, fiscal policy; Federal Reserve, monetary policy.

My concern is that, as you mentioned, Senator, the Fed's credibility depends on the market's perception that we are independent in making mo...