The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time.

In a mature economy like India's, which is becoming modern and a financially-oriented economy, an independent central bank, responsible central bank, is really central to success.

To achieve a more balanced international system over time, countries with excessive and unsustainable trade surpluses will need to allow their exchange rates to better reflect market fundamentals.

Ben Bernanke Quotes