Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

Speaking as somebody who has been happily married for 35 years, I can't imagine any choice more consequential for a lifelong journey than the choice of a traveling companion.

In the future, my communications with the public and with the markets will be entirely through regular and formal channels.

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their decisions