Ben Bernanke Quotes

Monetary stability is a cornerstone of the social contract.

The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment.

Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years.

The job of the Central Bank is to worry.

Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.

Interest rates are used to achieve overall economic stability.

Our system works best if the value of money stays the same.

Growth is good for this society as long as it doesn't pass the point of tripping off inflation.

The Federal Reserve's monetary policy objective is to foster maximum employment and price stability. In this regard, a key challenge is to assess just how far the economy now stands from the attainment of its maximum employment goal.

The best way that a central bank can support growth on a durable basis is to ensure inflation is low, stable - there is financial stability - and that is the role that the central bank plays.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

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.

The Federal Reserve cannot solve all the economy's problems on its own.

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.

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

Well, I think the global economy is in the position for continuing good growth with inflation well in check.

I think you can look at the British economy with confidence.

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

The Fed's independence is critical.

Talking about Korea, it has pretty high capital ratios at banks and maintains a good credit rating.

Our focus is on ensuring America has the strongest economy in the world for the next 100 years and to do that, we need to get to the role of the Federal Reserve and we need to get it right.

Here in Australia we do get impacted by global economic events. But we should have some confidence that our economy has got strong underlying fundamentals.

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.