Paul S. Sarbanes: “Now as of this August, you will have been Chairman of the Fed for 17 years, I believe.”

This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the American economy.

If it shows that we are strong, why are you telling them not to do it?

I find this troubling. I guess I find any chart that all of a sudden seems to leap out in some different direction from what we have generally been experiencing a matter of concern.

I think you are just not coming to grips with the problem in my perception.