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The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term - are throttling the recovery of British industry.

I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.

The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.

The connection which formerly existed between the Government and banks was in reality injurious to both, as well as to the general interests of the community at large.

Banks are slowly but surely lending again, and never again will taxpayers foot the bill for Wall Street's excesses. In case we forgot, that was the change we believed in. That was the change we fought for. That was the change President Obama delivered.

Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.

The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time.

If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.

Alleviating poverty would be the Bank's overarching objective.

The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.