...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

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.

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.