Ben Bernanke actually said...

only with the New Deal's rehabilitation of the financial system in 1933-35 did the economy begin its slow emergence from the Great Depression.

Bernanke emphasizes the New Deal's role in reviving the economy after the Great Depression.

03/30/2009

More Ben Bernanke Quotes

It would reduce the stimulus effect of the package, yes.

We are committed to ensuring the viability of all the major financial institutions.

We need to think hard going forward how we are going to address that problem, but right now, we are in the middle of the crisis.

Absolutely.