The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar.

Domestic inflation reflects domestic monetary policy.

So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.

The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product.

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.

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

An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.

Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.

The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.

A second reason why science cannot replace judgement is the behavior of financial markets.

When I go after something, I go after it hard. It has always been that way. I don't know. It's in my blood.

Sometimes people say that kids with autism aren't capable of love. That's ridiculous. My son loves deeply. He's just doesn't communicate well.

Do not collaborate with someone you would not go camping with.

And God, God who believes in us all. And who's given me this moment, in this lifetime, that I will hopefully carry to the end of my lifetime into the next lifetime.

I've made clothes my whole life, but I was just naive about the fashion world. But I think it's successful because I've been really involved. Picking the samples, inspirations, color palette.

I felt very comfortable about myself when I was much heavier. I feel much better about myself from being fit.

You need to bring your awakening into city life. Bring it into fast-paced complexity where it thrives.

You can make anything out of anything.

You have no idea how hard it is to live out a great romance.