It’s the price of success: people start to think you’re omnipotent.
BEN BERNANKEI don’t fully understand movements in the gold price.
More Ben Bernanke Quotes
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If your uniform isn’t dirty, you haven’t been in the game.
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The Fed is totally open.
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I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.
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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.
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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.
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If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy’s greatest contribution to general economic prosperity and maximum employment.
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The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.
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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.
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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.
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I don’t see much evidence of an equity bubble.
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If Wall Street crashes, does Main Street follow? Not necessarily.
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It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.
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In the future, my communications with the public and with the markets will be entirely through regular and formal channels.
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I am confident that we will meet whatever challenges the future may bring.
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The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer confidence and pressuring US financial markets and institutions.
BEN BERNANKE