I've never had to turn my hand to anything for monetary gain, other than pretending to be somebody else. I'm deeply fortunate.

Monetary policy is not a panacea.

They can turn a 5-yard hitch into a 40-yard gain,

We want to have somebody in his face at all times, have a hand up.

All mortals tend to turn into the things they are pretending to be.

When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to the broader macroeconomic environment.