Ben Bernanke Quotes

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Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.

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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Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

The Fed is totally open.

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.

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.

The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.

Monetary policy is not a panacea.

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.

There are limits to monetary policy.

If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event.

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

Honest error in the face of complex and possibly intractable problems is a far more important source of bad results than are bad motives.

Remember that physical beauty is evolution's way of assuring us that the other person doesn't have too many intestinal parasites.

I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect - and help, if necessary - than...

Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.

If you're in a car crash, you're mostly involved in trying to not go off the bridge, and later on you say, 'Oh my God!'

Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.

The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.

China is growing very quickly and is clearly becoming an important player in the world economy.

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