I don't think we have price stability any more.

This is an extremely competitive business, and horizontal mergers like this make sense.

What we're seeing is aggressive taking out of insurance by the Federal Reserve to make sure we don't have anything like the 1920s or 30s happen.

It's a striking testimonial to the strength and resilience of the U.S. economy. These are really good times for American workers.

Greenspan is giving individuals ample warning that they need to take that into account. He's throwing out a yellow flag of caution.

He didn't go to one of the top schools - Harvard or MIT or Stanford or Northwestern. I think that was an advantage. He didn't get brainwashed into one of the doctrines.