September and October of 2008 was the worst financial crisis in global history, including the Great Depression. Ben Bernanke More Quotes by Ben Bernanke More Quotes From Ben Bernanke Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.' Ben Bernanke why economics resources study There are limits to monetary policy. Ben Bernanke monetary-policy policy limits The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007. Ben Bernanke end beginning stress fall