The Lesson Of History Is That You

If You Are Not Happy With Yourself, Even The Loftiest Achievements Won't Bring You Much Satisfaction.

I Don't Fully Understand Movements In The Gold Price.

Developments In Financial Markets Can Have Broad Economic Effects Felt By Many Outside The Markets.

Inflation Is Certainly Low And Stable And, Measured In Unemployment And Labour-market Slack, The Economy Has Made A Lot Of Progress. The Pace Of Growth Is Disappointingly Slow, Mostly Because Productivity Growth Has Been Very Slow, Which Is Not Really Something Amenable To Monetary Policy. It Comes From Changes In Technology, Changes In Worker Skills And A Variety Of Other Things, But Not Monetary Policy, In Particular.

It's The Price Of Success: People Start To Think You're Omnipotent.