You do not create a market by Government action or Government regulation.
Editor's note · Context
Bernanke emphasizes the importance of market dynamics over government intervention.
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My concern is about defaulting on the debt, and for me that is a very high priority so a debt prioritization bill would help on that count very much.
Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make sure that we are on a sustainable path in the long run.
Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and employment; and to promote a stable and efficient financial system that serves all Americans well…
Congress, I hope, has the foresight to see that interest rates will not be this low forever.





