I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.

If you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on nearly the scale that we do.

Russia depends on natural resources way too much. Russian economy is not diversified enough

There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.

Worrying about inflation now is like worrying about the measles when you might get the plague.

It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are.

I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I explain that he has more money than some countries.