We As Central Bankers Need Not Be

By Far The Most Significant Event In Finance During The Past Decade Has Been The Extraordinary Development And Expansion Of Financial Derivatives.

I Don't Know Where The Stock Market Is Going, But I Will Say This, That If It Continues Higher, This Will Do More To Stimulate The Economy Than Anything We've Been Talking About Today Or Anything Anybody Else Was Talking About.

I Guess I Should Warn You, If I Turn Out To Be Particularly Clear, You've Probably Misunderstood What I've Said.

We As Central Bankers Need Not Be Concerned If A Collapsing Financial Asset Bubble Does Not Threaten To Impair The Real Economy, Its Production, Jobs And Price Stability.

It Has Been My Experience That Competency In Mathematics, Both In Numerical Manipulations And In Understanding Its Conceptual Foundations, Enhances A Person's Ability To Handle The More Ambiguous And Qualitative Relationships That Dominate Our Day-to-day Financial Decision-making