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There is a peculiar gratification in receiving congratulations from one's squadron for a victory in the air. It is worth more to a pilot than the applause of the whole outside world.
It is a great honor to be awarded a Nobel Prize. This is a wonderful experience for my wife Betty and me. We received congratulations by email, phone and post, many from old friends we had not seen for some time.
The news of the discovery spread fast all over the country, and inquisitive enquiries mingled with congratulations from this moment became the daily programme.
My dad said: 'It looks like you'll be world No.1 in a few hours and I wanted to be the first to say congratulations.'
The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols... Very happy. Very good for the Fed. Congratulations, Mr. Bernanke.