Ben Bernanke quotes - page 2

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)
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. View quote
Ben Bernanke
Developments in financial markets can have broad economic effects felt by many outside the markets. View quote
Ben Bernanke
How much would you pay to avoid a second Depression? View quote
Ben Bernanke
Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective. View quote
Ben Bernanke
It takes about two and a half percent growth just to keep unemployment stable. View quote
Ben Bernanke
Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job. View quote
Ben Bernanke
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. View quote
Ben Bernanke
The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses. View quote
Ben Bernanke
The Fed is totally open. View quote
Ben Bernanke
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings. (Ben Bernanke)
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. View quote
Ben Bernanke
The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs. View quote
Ben Bernanke
In the future, my communications with the public and with the markets will be entirely through regular and formal channels. View quote
Ben Bernanke
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. View quote
Ben Bernanke
I come from Main Street, from a small town that's really depressed. View quote
Ben Bernanke
I am very proud of my nerd-dom. View quote
Ben Bernanke
Identity theft is a serious crime that affects millions of Americans each year. View quote
Ben Bernanke
Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever is necessary to get the economy going. View quote
Ben Bernanke
It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles. View quote
Ben Bernanke
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. (Ben Bernanke)
It's the price of success: people start to think you're omnipotent. View quote
Ben Bernanke
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. View quote
Ben Bernanke
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. View quote
Ben Bernanke