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Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment for individuals and society as a whole.

Ben Bernanke

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More quotes by Ben Bernanke

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.

The Federal Reserve is not currently forecasting a recession.

It's the price of success: people start to think you're omnipotent.

The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.

The Federal Reserve will not monetize the debt.

The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.

In the future, my communications with the public and with the markets will be entirely through regular and formal channels.

It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

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.

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

Speaking as somebody who has been happily married for 35 years, I can't imagine any choice more consequential for a lifelong journey than the choice of a traveling companion.

To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.

Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.