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

Ben Bernanke

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More quotes by Ben Bernanke

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.

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.

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 economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

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

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

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.

If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.

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.

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

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.

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

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