Ben Bernanke, winner of 2022 Nobel Prize in economic sciences, addresses Princeton's Class of 2013

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Ben Bernanke, a Princeton professor of economics and public affairs from 1985 to 2002, chairman of the economics department from 1996 to 2002, and founder of the Bendheim Center for Finance, is among three winners sharing this year’s Nobel Prize in economic sciences.
The Royal Swedish Academy of Sciences awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 to Bernanke, Douglas Diamond and Philip Dybvig for significantly improving “our understanding of the role of banks in the economy, particularly during financial crises.”
Bernanke is currently Distinguished Fellow in Residence, Economic Studies, at the Brookings Institution. He was a member of the Federal Reserve Board starting in 2002 and served as its chair from 2006 to 2014, helping shape and guide economic and monetary policy. He also was chairman of the Council of Economic Advisers from 2005 to 2006.
On June 2, 2013, Bernanke addressed the Class of 2013 as their Baccalaureate speaker.

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2 окт 2024

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Комментарии : 23

@ockertvanzyl5340 2 года назад

Congratulations to Ben Bernanke for your Nobel prize 👏👏👏👏👏. And for what you and Tim and Hank did was remarkable. Unfortunately only people outside of the USA can appreciate what you did .

@SimSimi.ツ 2 года назад

did was steal this scumbag bastard

@jasonnamainja7403 Год назад

And I thank you for this comment. Alot of people don't understand what these guys did. Congratulations to Ben for the Noble prize

@mth469 Год назад

@@jasonnamainja7403 He pressed the Print button.

@jasonnamainja7403 Год назад

@@mth469 I believe best economic choices are to do with when and not what. What he did was vital to the economy at that period. What could have been the consequences if he had not done what he did? Total chaos. Value would have been destroyed. He did what others failed to do around 1929. But you can't see it because he did what he did so yah

@mth469 Год назад

@@jasonnamainja7403 One does not solve a pyramid scheme by creating an even bigger pyramid scheme. 3 things are true of pyramid schemes. 1) The longer they persist, the bigger they grow. 2) The bigger they grow, the more wealth and people they ultimately destroy. 3) Mathematically, all pyramid schemes inevitably collapse. Bernanke hit the Print button to save his own job, not ours. If he, like all central bankers claim to have deep insight into the economy, he would not have been sleep walking into 2008 in the first place. The reality is he does not know any more than the average joe in the street. Maybe even less since he is disconnected from a career that requires actual generation of useful goods and services.

@Sirius39170 22 часа назад

How the hell does this guy win a Nobel Prize?

@Rainy_Day12234 Год назад

$31 trillion debt and a $9 trillion Fed balance sheet with 8% inflation, wealth disparity directly from these policies. There are real longterm negative consequences.