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"This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize."
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"The profession of book writing makes horse racing seem like a solid, stable business."
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Personal Development

"Business is the salt of life."
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Personal Development

"One of the biggest secrets of success is delegation. Exactly the method Sir Richard Branson uses! If it helped him become a billionaire businessman then it is worth utilizing in your own life/business, etc."
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Personal Development

"A fair price for oil is whatever you can get plus ten to twenty per cent."
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Personal Development

"The most successful businesses have leaders that see the correlation between customer service and sales. not as separate departments, but as complimentary components for growth."
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Personal Development

"No secrecy, no business."
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Personal Development

"Only in our dreams are we free. The rest of the time we need wages."
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Personal Development

"The desire of gold is not for gold. It is for the means of freedom and benefit."
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Personal Development

"Being an entrepreneur is the greatest investment."
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Personal Development

"Make sure your business is creating a service experience so good that it demands loyalty."
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Personal Development
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"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."
Finance

"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
Mistake

"Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, it's better to prepare for war or instability."
Peace

"Financial crises require governments."
Finance

"It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it."
People

"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."
Finance

"Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system."
Finance

"The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."
Quality

"Most consequential choices involve shades of gray, and some fog is often useful in getting things done."
Choice

"The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting."
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