If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain. ↗
Eighty percent of what everyone's talking about never happens. I don't mean in terms of product development that's happening right now, I'm talking about the far-flung visions of the future. ↗
Hamas, the opponents of Arafat, the opponents of peace, urged a boycott of the election, and yet there was an 85 percent turnout where Hamas is supposed to be strong. Isn't that really quite incredible? ↗
So tonight I propose one more step that I would rather not propose. I ask the most fortunate among us, those citizens earning over $100,000 per year, for one year, to pay an additional one percent on the income they receive. ↗
In fact, there is clear evidence of black intellectual superiority: in 1984, 92 percent of blacks voted to retire Ronald Reagan, compared to only 36 percent of whites. ↗
That's double-edged: it's amazing that they're bringing me in and showing people new ideas, and at the same time it's a little hard because seventy percent of the time or even higher I'm not going to get those roles. ↗
Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed. ↗