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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

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

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

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

The Federal Reserve is not currently forecasting a recession.

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.

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.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

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.

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

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

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.

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.

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

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.

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

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

I am very proud of my nerd-dom.