We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.

I don't panic. The same thing applies to me as to everybody else, so I'm given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.

When money is free, the rational lender will keep on lending until there is no one else to lend to.

Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it.

I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.

The hardest thing to judge is what level of risk is safe.

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.