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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

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

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

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

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

The Federal Reserve will not monetize the debt.

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 Federal Reserve is not currently forecasting a recession.

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.

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

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.

I am very proud of my nerd-dom.

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

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.

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.

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

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.