Credit-default swaps, I think, have serious problems associated with them.

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

I love facts and figures. It's like following a detective story, piecing together what's going on in the economy.

What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

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 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