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.

The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.

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.

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

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.