Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.

If you think you understand what I am saying you do not understand what I am saying.

The number one problem in today's generation and economy is the lack of financial literacy.

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

But rules cannot substitute for character.

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.