Political debate is more interested in manipulating the truth, than finding the truth.

Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That's one of the positive features of markets. That's why they function.

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

A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.

I'm only rich because I know when I'm wrong.