Political Quotes

On the recordFebruary 28, 2011
If you do not do that, it would have very negative effects on financial markets and on our economy.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Warning about the consequences of not addressing the debt limit.

Share & report

More from Ben Bernanke

Feb 26, 2013

Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health.

congress.gov
May 21, 2013

I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.

congress.gov
Mar 13, 2013

forcing these activities out of insured depository institutions would weaken both financial stability and strong prudential regulation of derivative activities.

congress.gov
Feb 26, 2013

A significant portion of this effect is related to the automatic spending sequestration that is scheduled to begin on March 1st.

congress.gov

Other voices in this conversation