“The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.”

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.

The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…

I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.

Rules cannot take the place of character.

If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.

Fiat money in extremis is accepted by nobody. Gold is always accepted.

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more

If I say something which you understand fully in this regard, I probably made a mistake.

Market financed withdrawals of home equity in recent years.

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

I think, to its credit, this is one of the last forms of popular entertainment that I don’t sense to be discriminatory in any way.

We all love people who give credit to others for their success.

You don’t realize how much you use your credit card not even to buy things. It’s a card you get so you can navigate society.

If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per year, eventually you’re going to have a problem.

Giving up pride means giving all credit and glory to Guru and Krishna.

You will not accept credit that is due to another, or harbor jealousy of an explorer who is more fortunate.

In victory even the cowardly like to boast, while in adverse times even the brave are discredited.

My voice belongs to me, from God. People will comment, “Your voice helped me through.” Maybe it’s God in me, because I don’t take credit for that.