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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.

Ben Bernanke

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More quotes by Ben Bernanke

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

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

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 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.

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.

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

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.

One might as well try to perform brain surgery with a sledgehammer.

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 don't see much evidence of an equity bubble.

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

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

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.