A well-functioning transmission should at some point go from the overnight right up to 40 years, and that is the ultimate objective in having monetary transmission that affects the whole gamut of borrowing tenure.

We have been mandated by the government, backed by legislation, that we have to have an inflation target of about 4%.

Yes, 4% is the government-mandated target to the MPC. The plus/minus 2 percentage-point upper and lower bands are the tolerance levels specified by the government. If we breach those for three consecutive quarters, we need to inform the government of why that happened and what we propose to do to bring inflation within the two bands.

One of the things that the public sector banks need to do is to raise private capital from the market and not rely on government largesse.

Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top.

I know that if I say something that's considered outrageous, a group will take it, create an email blast, and use me to raise money or to do whatever, to build their profile.

I was a huge comic book fan as a kid. The only problem I had with comic books is how expensive they got. I didn't have a lot of money, so I had to be very specific about what I wanted to collect. I think they're all somewhere in the basement of my folks' house.

If they can't suck money out of the Hamptons, a candidate really has to throw in the sponge.