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The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

Ben Bernanke

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More quotes by Ben Bernanke

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.

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

If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.

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

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.

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

I am very proud of my nerd-dom.

Nobody really understands gold prices and I don't pretend to understand them either.

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

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 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 will not monetize the debt.

I don't see much evidence of an equity bubble.

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

The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.

The Federal Reserve is not currently forecasting a recession.