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September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

Ben Bernanke

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More quotes by Ben Bernanke

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

The Federal Reserve is not currently forecasting a recession.

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.

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.

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.

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.

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

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.

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.

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

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

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.

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 am very proud of my nerd-dom.

The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.

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.