It is production that creates purchasing power, not the printing press!

I don't want the technology of the 1950s, but I want the free market of the 1950s.

Often President Obama's worst critics are Senator Obama and candidate Obama.

Confidence by itself, unless it has a valid basis, can get us into trouble.

You have countries that have lived beyond their means, with bloated governments, huge trade deficits, and people living off the government. Then you have others where poor people are working hard and underconsuming and their governments are buying all this debt and propping up the extravagant countries. All of this has to change. There's a tremendous moral hazard involved with this system.

It is production that creates purchasing power, not the printing press!

At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.