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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.

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.

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

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.

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.

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.

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

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.

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 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.

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

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

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

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

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.