The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.
BEN BERNANKEOver the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.
More Ben Bernanke Quotes
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It’s the price of success: people start to think you’re omnipotent.
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[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.
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If you are not happy with yourself, even the loftiest achievements won’t bring you much satisfaction.
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Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn’t dirty, you haven’t been in the game.
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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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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.
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The Federal Reserve is not currently forecasting a recession.
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The Federal Reserve will not monetize the debt.
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I don’t fully understand movements in the gold price.
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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.
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The central bank needs to be able to make policy without short term political concerns.
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If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.
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The American people are among the most productive in the world. We have the best technologies. We have – great universities. We have entrepreneurs.
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The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending.
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While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
BEN BERNANKE