Will Take Expected Inflation Into Account Partly Because It Has Impact on Actual Inflation
No Central Banker Would Ever Say They Don't Worry About Risks Like Inflation
Haven't Heard Anything That Suggests We Ought to Change Fed's Balance Sheet
Fed Has Well-Defined Task, Continues to Operate Independent of Political Cycle
Fed's Independence Extremely Important When Politics Is Disturbed
If We Don't Fix Wall Street, Unclear if We Will Have Solved 'Too Big to Fail' Problem
Crisis Caused by 'Bad Behavior, Bad Strategy' in Financial Sector
Without Fed, 2008 Crisis 'Could Have Been Very Much Worse'