Bernanke’s June 3 testimony

Ben Bernanke testified before a House committee on June 3.  Although it doesn’t appear as if he said anything new or different from his previous public statements, I found one statement to be significant.  It is bolded below: “We continue to expect overall economic activity to bottom out, and then to turn up later this …

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Ben Bernanke quote

I saw this quote in Charles Schwab’s “On Investing” magazine, Summer 2009 page 6.  It is attributed to Ben Bernanke: “Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.” I’m not trying to single out Ben Bernanke with regard to …

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