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

When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.

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

What's the subject of life - to get rich? All of those fellows out there getting rich could be dancing around the real subject of life.

The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.

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.