“I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.”

Anything that we can do to raise personal savings is very much in the interest of this country.

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures.

Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.

Indeed, better risk management may be the only truly necessary element of success in banking.

There are no easy choices. Easy choices are long gone.

I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.

The number of mistakes I have made are just awesome. There is no number large enough to account for that.

In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically — I should say, fully — hedged.

But rules cannot substitute for character.

Revolutions are something you see only in retrospect.

When trust is lost, a nation’s ability to transact business is palpably undermined.

It keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

Research shows that the happiest people are those who use their natural talents to the utmost.

Poor people will do almost anything to avoid problems. They see a challenge and they run…the secret to success, my friends, is not to try to avoid or get rid of or shrink from your problems; the secret is to grow yourself so that you are bigger than your problems.

The trouble with European cities is that they are drenched in their history, almost all of which is terrible.

It’s almost 10 years since the 2008 crisis, but we all still remember the consequences of ignoring threats to the public finances.

I can’t read in a car, because I’ll get sick. It’s almost instant.

It would almost need a Mafia-like offer I couldn’t refuse to do another movie.

Through machinery, man can exert tremendous powers almost as fantastic as if he were the hero of a fairy tale. Through machinery, man can travel with an ever increasing velocity; he can fly through the air and go beneath the surface of the ocean.

The uglier a man’s legs are, the better he plays golf – it’s almost a law.