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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

It takes about two and a half percent growth just to keep unemployment stable.

Life is amazingly unpredictable any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.

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

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

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

Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants the funds rate to be and would move to that rate in a single step.

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

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.

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 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.

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

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

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

Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

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.

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

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