With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and … - Ben Bernanke

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When it comes to Christ, you've got to do the same. Call him crazy, or crown him as king. Dismiss him as a fraud, or declare him to be God. Walk away from him, or bow before him, but don't play games with him.

Ben Bernanke

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.

Incentive, Incentives, Safety, Use

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Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.

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The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

Financial, Impact, Likely, Problem, Problems, Subprime

The U. S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U. S. dollars as it wishes at no cost.

Allows, Dollars, Government, Technology, Wish, Wishes

Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.

Growth, Low, Progress, Technology, Variety

The Federal Reserve is not currently forecasting a recession.

Currently, Federal, Federal Reserve, Forecasting, Recessions, Reserve