One might as well try to perform brain surgery with a sledgehammer.

...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'd throw dollars out of helicopters if I had to, to stimulate the economy.

The Fed is totally open.

I don't fully understand movements in the gold price.

One might as well try to perform brain surgery with a sledgehammer.

I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.