I believe that the monetary stability is an absolutely critical element in the satisfactory operation of a system.

I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. ... because I believe the big problem is not taxes, the big problem is spending.

There's no such thing as a free lunch.

China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia.

What kind of society isn't structured on greed?

Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.

Nothing is so permanent as a temporary government program.