It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.
BEN BERNANKEI am confident that we will meet whatever challenges the future may bring.
More Ben Bernanke Quotes
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Not all information is beneficial.
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The Fed is totally open.
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Although low inflation is generally good, inflation that is too low can pose risks to the economy – especially when the economy is struggling.
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So it’s important, as it affects overall levels of production and employment in the U.S. There are many domestic industries doing well in the United States, notwithstanding a strong dollar.
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It is not the responsibility of the Federal Bank – nor would it be appropriate – to protect lenders and investors from the consequences of their decisions
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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.
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The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.
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Economics is a very difficult subject. I’ve compared it to trying to learn how to repair a car when the engine is running.
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Under current law, on January 1, 2013, there’s going to be a massive fiscal cliff of large spending cuts and tax increases.
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Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve’s other mandate objectives of maximum sustainable employment and moderate long-term interest rates.
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I generally leave the details of fiscal programs to the Administration and Congress. That’s really their area of authority and responsibility, and I don’t think it’s appropriate for me to second guess.
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I’d throw dollars out of helicopters if I had to, to stimulate the economy.
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The Federal Reserve is not currently forecasting a recession.
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A gold standard doesn’t imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
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The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.
BEN BERNANKE






