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

Ben Bernanke

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More quotes by Ben Bernanke

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

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.

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

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

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

I am very proud of my nerd-dom.

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

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

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.

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.

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.

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 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.