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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.

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.

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.

The Federal Reserve is not currently forecasting a recession.

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.

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

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

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.

Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment for individuals and society as a whole.

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.

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

It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

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

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.

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

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