Best Ben Bernanke Quotes
- How much would you pay to avoid a second Depression? Avoid
- 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… All
- In fact, the world needs more nerds. Fact
- The central bank needs to be able to make policy without short term political concerns. Able
- 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. Amazingly
- If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction. Achievement
- 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… Choices
- 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… Been
- The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained. Broader
- Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active… Active
- We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. Economy
- Nobody really understands gold prices and I don't pretend to understand them either, Gold
- Not all information is beneficial. All
- The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as… Allows
- House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level… Activity
- With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand… Among
- I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically. Assets
- If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations… Account
- The Federal Reserve is not currently forecasting a recession. Currently
- The Federal Reserve will not monetize the debt. Debt
- The GSEs are adequately capitalized. They are in no danger of failing. Adequately
- A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money. Cut
- 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
- While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S. Continue
- I don't see much evidence of an equity bubble, Bubble