It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their decisions

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 game.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

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 it wishes at essentially no cost.

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

Monetary policy is not a panacea.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

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 wrong. About the future, not so much.

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

I had a dream about you last night... You replaced all the people in your life with kittens. It felt more like a prediction of the future.

Become my muse. And let me paint you with my words...

A handful of lion-hearts can wake the whole world up.

It's this place. Whatever darkness came to the island, it's here to stay. Stick around long enough and it gets inside your skin, into your cells, like an infection.

It's just person after person in every different country that has a life that I can’t even imagine and has gone through horror that I can’t even imagine.

There are two kinds of pain: the pain of change and the pain of never changing and remaining the same.

Don't make your own life your project in your own life: total waste of time.

You can anchor the mind into answering a question a certain way by giving them a totally unrelated piece of information dropped before.

I confess I take perverse delight as a theologian in the controversies surrounding postmodernism.

Ninety-nine percent of people believe they can't do great things, so they aim for mediocrity.