Monetary policy itself cannot sensibly be directed at reducing imbalances.

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.

Most consequential choices involve shades of gray, and some fog is often useful in getting things done

The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting.

We believe in a strong dollar. Chinese financial assets are very safe.

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.

Financial crises require governments.

The choice is between which mistake is easier to correct: underdoing it or overdoing it.

The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move.

I believe deeply that it's very important to the United States, to the economic health of the United States, that we maintain a strong dollar.

The government can help, but we need to make this transition now to a recovery led by private investment.

I have discovered in life that there are ways of getting almost anywhere you want to go, if you really want to go.

Wrong is wrong; no fallacy can hide it, no subterfuge cover it so shrewdly but that the All-Seeing One will discover and punish it.

I have been, and will go on, fighting that damnable, dirty, rotten business with all the power at my command.

I can change my appearance quite easily just by changing my hair. So I can adapt quite well.

It is foolish to expect a young man to follow your advice and to ignore your example.

Princes of courtesy, merciful, proud and strong.

Nature's beauty we all admire in every shape and form, but how much more we admire her when the weather's nice and warm.

A profound conviction raises a man above the feeling of ridicule.

Everyone has an opinion; the question is which opinions are actually relevant to your journey and which are just static in the air?

I always ask myself, would I want someone to do something that wasn't comfortable for them just to please me? And the answer is no.