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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.

Ben Bernanke

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More quotes by Ben Bernanke

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.

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

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.

I am very proud of my nerd-dom.

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

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.

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

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.

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

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.

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.

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

The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.