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Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity.

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Borrow Down Equity Historical Payment Significant Some Unusual Wipe

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So there is no reason to suspect that the actual process of boosting rates would be any different.
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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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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.
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These days, even out of office, I still read economic reports.
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Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
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Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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History cannot be reduced to a set of statistics and probabilities.
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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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It’s hard to overemphasize how important Ford’s deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first.
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A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage.
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We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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What an ideology is is a conceptual framework with the way people deal with reality.
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