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And the percentage changes in wage rates would be the same for all job grades.

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All Change Job Percentage Rate Right Same Wage

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
ALAN GREENSPAN

All Always Argue Benefited Country Draw Fact Immensely Over People World
Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
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Caution During Especially Past Price Regard Rise Sharp Two Warranted Year
The Iraq War is largely about oil.
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
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Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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Create Foreigner Job Little Lose Protectionism Retaliate Surely
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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Context Mean Price Psychology Thermometer Underlying
I’m not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
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As long as we issue fiat currency, I see no alternative to a legal tender law.
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Alternative Currency Issue Law Legal Long Tender
Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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Against Always Any Believe Fraud Law Need Probably
I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.
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I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives.
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Derivatives have permitted the unbundling of financial risks.
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Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank.
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I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more
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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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