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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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Ben Bernanke
Age: 70
Born: 1953
Born: December 13
Banker
Economist
Politician
Professor
Teacher
Augusta
Georgia
Ben Shalom Bernanke
Benjamin Shalom Bernanke
Satisfaction
Achievement
Bring
Happy
Even
Much
Loftiest
Achievements
More quotes by Ben Bernanke
The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.
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September and October of 2008 was the worst financial crisis in global history, including the Great Depression.
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If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
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Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.
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The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
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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.
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The Federal Reserve will not monetize the debt.
Ben Bernanke
A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
Ben Bernanke
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.
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Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective.
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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.
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If Wall Street crashes, does Main Street follow? Not necessarily.
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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.
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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.
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I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's ability to function effectively and achieve its mandated objectives.
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If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.
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I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.
Ben Bernanke
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.
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A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.
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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.
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