Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

The only thing useful banks have invented in 20 years is the ATM.

The standard of living of the average American has to decline.

I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.

It was probably a mistake to allow gold to rise so high.

When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.

When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.

A global economy requires a global currency.

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

It was the biggest inflation and the most sustained inflation that the United States had ever had.

If, at the end of the day, we need to raise taxes, we should raise taxes.

It is error alone which needs the support of government. Truth can stand by itself.

Why should we change onstage? We're not trying to be something big and fancy, it's just us, doing what we do, we'd like to keep it that way.

The difficulty about all this dying, is that you can't tell a fellow anything about it, so where does the fun come in?

Jacobean plays, before Shakespeare, were particularly visceral.

I retreat to my cave in a very male fashion.

The world laughs at another man's pain.

I'm getting so old my insurance company sends me 1/2 a calendar!

Every man by nature is a freeman born; by nature no man cometh out of the womb under any civil subjection to king, prince, or judge.

If you want a team of smart, creative people to do extraordinary things, don't put them in a drab, ordinary space.

The Muse is mute when public men Applaud a modern throne.