"I desperately hope that the Federal Reserve doesn't become one of the barriers to the adoption of the dramatically more efficient society that we desperately need for that productivity."
"And my fear is Silicon Valley is about to run around you and build optionality that says the Federal Reserve is my barrier not my partner."
"functionally then you have just sanctified with populations in the Western world a guarantee on the risk premium of a regime that we already know is an international bad actor?"
"How do we bring these different law enforcement mechanisms that our international partners--because my fear is we have too many silos out there."
"In 13½ years, Social Security is out of money. In 8½ years, Medicare is out of money."
"You have illicit actors who have billions of dollars at their disposal to be able to pay the best attorneys, the best accountants, the best bankers to come up with the most sophisticated schemes to hi..."
"So let's just do a quick thought experiment."
"I know I could do it."
"functionally, money laundering, money movement, asset movement is actually a formal business in a corrupt sector."
"the goal is to be removing monetary accommodation and that should raise longer-term rates."
"Are we seeing that?"
"But could we spend a couple of minutes just sort of looking at the headwinds that come to the next Administration?"