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In the future, my communications with the public and with the markets will be entirely through regular and formal channels.
Ben Bernanke
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Ben Bernanke
Age: 71
Born: 1953
Born: December 13
Banker
Economist
Politician
Professor
Teacher
Augusta
Georgia
Ben Shalom Bernanke
Benjamin Shalom Bernanke
Entirely
Communication
Public
Future
Channels
Communications
Markets
Formal
Regular
More quotes by Ben Bernanke
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
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It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.
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It's the price of success: people start to think you're omnipotent.
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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.
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The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.
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Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.
Ben Bernanke
We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
Ben Bernanke
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.
Ben Bernanke
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
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.
Ben Bernanke
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.
Ben Bernanke
If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
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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.
Ben Bernanke
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.
Ben Bernanke
If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
Ben Bernanke
A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
Ben Bernanke
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.
Ben Bernanke
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.
Ben Bernanke
A meritocracy is a system in which the people who are the luckiest in their health and genetic endowment luckiest in terms of family support, encouragement and, probably, income luckiest in their educational and career opportunities and luckiest in so many other ways difficult to enumerate - these are the folks who reap the largest rewards.
Ben Bernanke
One might as well try to perform brain surgery with a sledgehammer.
Ben Bernanke