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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

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

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

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.

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.

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

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

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.

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

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 more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.

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

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

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.

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.