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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

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.

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

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.

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.

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.

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 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.

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

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

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

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

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.

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.

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

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