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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.

Ben Bernanke

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More quotes by Ben Bernanke

In the future, my communications with the public and with the markets will be entirely through regular and formal channels.

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.

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

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.

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 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.

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.

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

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

I am very proud of my nerd-dom.

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

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

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

The Federal Reserve is not currently forecasting a recession.

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