“In fact, the world needs more nerds.”

I generally leave the details of fiscal programs to the Administration and Congress. That’s really their area of authority and responsibility, and I don’t think it’s appropriate for me to second guess.

One might as well try to perform brain surgery with a sledgehammer.

We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.

It is not the responsibility of the Federal Bank – nor would it be appropriate – to protect lenders and investors from the consequences of their decisions

The amount of currency in circulation is not changing. The money supply is not changing in any significant way.

If Wall Street crashes, does Main Street follow? Not necessarily.

Although low inflation is generally good, inflation that is too low can pose risks to the economy – especially when the economy is struggling.

The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy’s greatest contribution to general economic prosperity and maximum employment.

If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.

I don’t fully understand movements in the gold price.

Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants the funds rate to be and would move to that rate in a single step.

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.

…the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals

How much would you pay to avoid a second Depression?

It’s true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

We need to be willing to stand up and speak up for what we believe.

But she needs me more than she needs him and I guess being needed is almost as good as being loved. Maybe better.

I’ve been lucky, I’ve had movies that made a lot of money, so I don’t feel like I have to kill every time out. I don’t want that pressure. I don’t need it.

We need to be on a war footing. We need to understand that our nation is in grave danger.

No. I don’t want to need anybody. I want someone to need me … I want someone to need me.

Oh simple thing, where have you gone? I’m getting old and I need something to rely on So tell me when you’re gonna let me in I’m getting tired and I need somewhere to begin

To truly be of service to others, we must first serve the server. The ability to bring an enlightened presence to those in need is the ability to light a candle without burning ourselves out.

Nowadays, I could not care less about making other people like me. I’m a good person, I don’t need to do that anymore.