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

Ben Bernanke

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More quotes by Ben Bernanke

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.

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.

The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.

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.

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 am very proud of my nerd-dom.

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

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 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.

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

The Federal Reserve is not currently forecasting a recession.

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 don't see much evidence of an equity bubble.

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.

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.

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