Ben Bernanke Account Quotations

The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.

can account for the bulk of the recent increase in the real price of gold.

Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.

Quantitatively, outsourcing abroad simply cannot account for much of the recent weakness in the U.S. labor market and does not appear likely to be an important restraint to further recovery in employment,