I think it is extremely important that we address too big to fail, and this is one way to make banks take into account that their own size does impose a cost on the rest of society and make them respond to that.
Bernanke emphasizes the need to tackle the issue of banks being too big to fail.
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Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, and it is to an extent hurting our recovery.
the unemployment rate right now is not a very good measure by itself of the economy.
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