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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

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It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.
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Goad Growth Improve Mean Preventative Snoop Statics System
When trust is lost, a nation’s ability to transact business is palpably undermined.
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It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.
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Anything Deteriorate Escape Fiat Money Perceive Seem
Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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There’s an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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I didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
ALAN GREENSPAN

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They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
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Alternative Benefit Choice Judgement Policy Probability
Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
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We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
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Earning Exhibited Inflation Inverse Past Price Ratio Relationship See
The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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Indeed, better risk management may be the only truly necessary element of success in banking.
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If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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It’s a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it. Maybe somebody else can.
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