We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.

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

Monetary policy itself cannot sensibly be directed at reducing imbalances.

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.

Not everything can be felt and not everything will be ever understood.

Flowers, after love, must have been the best advert planet Earth had going for it.

Some persons are very decisive when it comes to avoiding decisions.

Life is like a wheel. Sooner or later, it always come around to where you started again.

Watch the film, not the stopwatch.

Halloween's my favorite holiday because you don't have to spend it with your family.

I don't like the word soon because you don't know when it's going to sneak up on you and turn into NOW. Or maybe it'll be the kind of soon that never happens.

To have created one of the most respected companies in the world. Not necessarily the biggest.

I never loved totalitarianism and all the ideas of making mankind happy always seemed crazy to me.

I try to be self-analytical, both to outline the mistakes I made in my life and try to explain why I did, and the things that on balance I did pretty well on.