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

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 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.

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.

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

I am very proud of my nerd-dom.

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

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

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

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.

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

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

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

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

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

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.

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.