If, at the end of the day, we need to raise taxes, we should raise taxes.

I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.

A global economy requires a global currency.

The speed of communication, the speed of information transfer, the cheapness of communication, the ease of moving things around the world are a difference in kind as well as degree.

It was probably a mistake to allow gold to rise so high.

The only thing useful banks have invented in 20 years is the ATM.

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.