Quotes about "Personal Finance & Financial Independence"

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. ”

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. ”

The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe. ”

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past. ”

Monetary policy itself cannot sensibly be directed at reducing imbalances. ”

Financial crises require governments. ”

This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk. ”

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. ”

I'm not a fan of living in L.A. when I'm not working there. ”

Wherever your musical interest takes you, whether it's just in your garage or in your shower, never forget why you started. Keep that first and foremost in your mind. ”