It gives the bond market a comfort level that you have a replacement just as vigilant on inflation as Greenspan was.

While there is no room for complacency, the Fed can take comfort in the fact that core inflation remains tame.

If the dollar were to threaten below 120 yen again, they'll intervene again. I think they've got to improve their export sector. They've got to export their way out of this.

I have argued with great futility that this entire argument is based on a flawed premise, ... If you use a more realistic GDP assumption, based on what we've seen over the past few decades, Social Security won't go bankrupt.

I have argued with great futility that this entire argument is based on a flawed premise. If you use a more realistic GDP assumption, based on what we've seen over the past few decades, Social Security won't go bankrupt.

There's a growing concern that the White House is out of touch. He has to show more empathy, and he hasn't done a good job on that.