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

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As long as we issue fiat currency, I see no alternative to a legal tender law.
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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
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If I say something which you understand fully in this regard, I probably made a mistake.
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The number one problem in today’s generation and economy is the lack of financial literacy.
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.
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No one has ever eliminated any of that stuff.
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The free lunch has still to be invented.
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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
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If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
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