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"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."
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"When you see how the President makes political or policy decisions, you see who he is. The essence of the Presidency is decision-making."
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Personal Development
"Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them."
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Personal Development
"All the problems we face in the United States today can be traced to an unenlightened immigration policy on the part of the American Indian."
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Personal Development
"I have always believed in dialogue and in nonviolence, and if you look at my background you will see that it has always been my policy to talk to everyone."
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Personal Development
"In the wars of the European powers in matters relating to themselves we have never taken any part, not does it comport with our policy so to do. It is only when our rights are invaded or seriously menaced that we resent injuries or make preparation for our defence."
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Personal Development
"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."
Author Name
Personal Development
"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."
Author Name
Personal Development
"So, I'm lying on the couch and Laura walks in and I say, 'Free at last,' and she says 'You're free all right, you're free to do the dishes.' So I say, 'You're talking to the former president, baby,' and she said, 'consider this your new domestic policy agenda.'"
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Personal Development
"We cannot be any stronger in our foreign policy for all the bombs and guns we may heap up in our arsenals than we are in the spirit which rules inside the country. Foreign policy, like a river, cannot rise above its source."
Author Name
Personal Development
"In my 31 years in Congress, I have seen a lot of changes. We made some substantial policy changes that have improved our parks system and our public lands."
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"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."
Policy
"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
Mistake
"We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households."
Home
"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."
Finance
"The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."
Quality
"We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support."
Government
"Most consequential choices involve shades of gray, and some fog is often useful in getting things done."
Choice
"Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, it's better to prepare for war or instability."
Peace
"The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits."
Commitment
"Financial crises require governments."
Finance
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