The single currency should allow the European Union and therefore France to balance its monetary strength with the United States. It should help us adjust to the development of China.

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds about guarantees for countries about economic governance in the European Union. That shows the strength of Europe.

First I think the science of monetary economics has clearly gotten better.

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.

I feel funny about owning art. I don't really want to say: 'Wow come and see my Monet - it's in a dark room at the bottom of my cellar.'

In recent years personal injury attorneys and trial lawyers have attacked the food industry with numerous lawsuits alleging that these businesses should pay monetary damages to those who of their own accord consume too much of a legal safe product.

It is well enough that people of the nation do not understand our banking and monetary system for if they did I believe there would be a revolution before tomorrow morning.

In principle there are only three main components of spending that much matter to monetary policy: consumer spending business investment and exports and trade.