To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.

Sometimes time actually works against you if you refuse to face the relevant issues and explain to the public what is at stake.

Any central bank should only be in charge of liquidity. Solvency is a matter for the treasury.

If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.

You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.

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.

I chose America as my home because I value freedom and democracy, civil liberties and an open society.