When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.

The only thing useful banks have invented in 20 years is the ATM.

The standard of living of the average American has to decline.

I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.

It was probably a mistake to allow gold to rise so high.

When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.

A global economy requires a global currency.

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

It was the biggest inflation and the most sustained inflation that the United States had ever had.

If, at the end of the day, we need to raise taxes, we should raise taxes.

Greed is the prison of poverty.

Sometimes I briefly touch the life I want. My hand brushes the surface as I pass it by.

I am grateful for the blessings of wealth, but it hasn't changed who I am. My feet are still on the ground. I'm just wearing better shoes.

I learned it by doing it, and I was scared to death.

Part of what I'm doing with generations is that I try to express in my work pieces of my growing up years that I can look back on with great fondness - specifically, a sense of family.

I think if you touch ordinary people, they're simply ordinary people, the way they've always been. They work hard, they don't have really as much as they should.

I guess I'd rather be lucky than good.

Women have always been at the forefront of progressive movements. Women can be depended on when you need bodies in the streets for women's rights and human rights.

When I follow my heart, usually the results are good.

The polar bear for many has become a living symbol of the dangers of global warming. The powerful kings of the arctic are finding their habitat shrinking.