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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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More quotes by Ben Bernanke

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

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.

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

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 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.

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

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

I am very proud of my nerd-dom.

The Federal Reserve will not monetize the debt.

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

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.

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.

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

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

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

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.