Ben Bernanke actually said...

Nobody doubts the United States has the economic capacity to pay its bills. It is really a question of do we have the political will to do that.

Bernanke emphasizes the need for political will to manage fiscal imbalances.

01/06/2011

More Ben Bernanke Quotes

What I need to emphasize here is that that does not mean that QE will continue until 2017 or easy money will continue until 2017.

We have rejected that approach and we are committed to not letting inflation go above sort of the normal level of around 2 percent in the me...

If you do not do that, it would have very negative effects on financial markets and on our economy.

We want to be sure that price stability is maintained, that inflation remains low and stable.