Quote

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

Ben Bernanke

Change background

T

T

T

Change font

More quotes by Ben Bernanke

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.

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.

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

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

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

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

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.

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

The Federal Reserve will not monetize the debt.

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

I am very proud of my nerd-dom.

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.

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