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.

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

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.

If I say something which you understand fully in this regard, I probably made a mistake.

Now, I only play very occasionally, and in fact, more piano than clarinet or sax.

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