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If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

Ben Bernanke

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More quotes by Ben Bernanke

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

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.

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.

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

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.

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

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

I am very proud of my nerd-dom.

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.

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

I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.

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.

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.

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.