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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.

Ben Bernanke

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More quotes by Ben Bernanke

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.

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

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.

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

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 don't see much evidence of an equity bubble.

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.

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

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.

It's the price of success: people start to think you're omnipotent.

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

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

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

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.