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

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.

It's a whole different attitude toward public service than it once was. I tell you, we can all sit around in our old age and moan about it, but I think the administrative processes and the management effectiveness of the federal government are terrible!

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.

A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.

The standard of living of the average American has to decline.