Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.

[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.

If Wall Street crashes, does Main Street follow? Not necessarily.

I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.

The GSEs are adequately capitalized. They are in no danger of failing.

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.