I See The Underlying Economy As Being

Anticompetitive Practices Hurt Chinese Private Firms Nearly As Much As Foreign Ones.

My Preference Is For The Federal Reserve To Be The Systemic Risk Regulator, Because The Responsibility For Identifying And Limiting Potential Problems Is A Natural Complement To Its Role In Monetary Policy.

China Saves Too Much, Produces Too Much, Sells Too Much To Americans And Consumes Too Little.

Payment Systems Are Critically Important For Overall Market Stability. On A Typical Business Day, U.s. Payment And Settlement Systems Settle Transactions Valued At Over $13 Trillion.

The U.s. Didn't Save Enough; We Borrowed A Lot. There Were Structural Imbalances In Asia With Exporters, With Oil Exporters For A Whole Variety Of Things.