Ben Bernanke Cant Quotations

We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.

The amount of currency in circulation is not changing. The money supply is not changing in any significant way.

Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime.