FastSaying

I'm not a publicity hound, I hope.

Raghuram Rajan

Raghuram Rajan

HopeHoundPublicity

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In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.
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Taking my bike out and riding the bike path along Lake Shore Drive, that's one of the great experiences in my life. And I hope to do it as long as I can.
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The problem with forbearance is that it always looks like a good thing to do until it stops working.
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I don't think policy makers surprise unnecessarily. You don't pick surprise as a part of your policy. Markets value a certain amount of predictability. But there are certain areas where surprise is a tool.
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The first step to prescribing the right medicine is to recognize the cause of the illness. And, when it comes to what is ailing the global economy, extreme monetary easing has been more cause than cure. The sooner we recognize that, the stronger and more sustainable the global economic recovery will be.
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