The Fed is totally open..

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained..

We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system..

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

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction..

Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redoubl….

[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system..

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running..

The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to supp….

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting..

If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that lettin….

In the future, my communications with the public and with the markets will be entirely through regular and formal channels..

I am confident that we will meet whatever challenges the future may bring..

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs..

It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their deci….

In fact, the world needs more nerds..

It takes about two and a half percent growth just to keep unemployment stable..

Not all information is beneficial..

The GSEs are adequately capitalized. They are in no danger of failing..

It's the price of success: people start to think you're omnipotent..

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and effi….