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— Kevin Warsh"I would say [Fed policy] has been in some sense Reverse Robin Hood."
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The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.
— Paul McCulley
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So much of writing is fed by vanity and the feeling that what you are doing is the most important thing in the world and it has not been done before and only you can do it. Without these feelings, many writers would not be able to write anything at all.
— Pankaj Mishra
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