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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.

Ben Bernanke

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More quotes by Ben Bernanke

The Federal Reserve will not monetize the debt.

A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.

The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

One might as well try to perform brain surgery with a sledgehammer.

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 don't see much evidence of an equity bubble.

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.

The Federal Reserve is not currently forecasting a recession.

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.

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

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.

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.

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.