“There is a palpable unease that businesses and jobs are being drained from the United States, with potentially adverse long-run implications for unemployment and the standard of living of the average American,”
“How do we know when irrational exuberance has unduly escalated asset values? ... We should not underestimate or become complacent about the complexity of the interactions of asset markets and the economy.”
“Emperors and armies come and go, ... but unless they leave new ideas in their wake, they are of passing historic consequence. The short list of intellectuals who have materially advanced the betterment of civilization unquestionably includes Adam Smith.”
“Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!”
