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

Ben Bernanke

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Born: December 13

Ben Shalom Bernanke

Benjamin Shalom Bernanke

More quotes by Ben Bernanke

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

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.

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

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

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

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.

I am very proud of my nerd-dom.

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.

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.

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

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

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

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.

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.

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.