03/15/2016
https://congress.gov...
"He believes that it has destroyed liquidity, as well."
"I do not believe the Fed should be involved, and I don't believe the Financial Stability Oversight Council will be successful, in this macroprudential effort to control systemic risks."
"Flight of capital to something that was solid, the Swiss franc, and that was the reaction that they were having to deal with."
"But I think a crucial point is that the longer that we delay the decision, the bigger the chance that we get asset price bubbles, credit bubbles."