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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.

Ben Bernanke

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More quotes by Ben Bernanke

I am very proud of my nerd-dom.

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.

Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants the funds rate to be and would move to that rate in a single step.

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.

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

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

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

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.

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.

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.

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

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

The Federal Reserve will not monetize the debt.

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

Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment for individuals and society as a whole.

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