In fact, the world needs more nerds.

Both humanity's capacity to innovate and the incentives to innovate are greater today than at any other time in history.

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

...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals

I don't see much evidence of an equity bubble.

We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.

Nobody really understands gold prices and I don't pretend to understand them either.