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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

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

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.

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.

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

To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.

I am very proud of my nerd-dom.

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

The Federal Reserve is not currently forecasting a recession.

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

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.

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

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.

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

Speaking as somebody who has been happily married for 35 years, I can't imagine any choice more consequential for a lifelong journey than the choice of a traveling companion.

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.