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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

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Adequate Ago Buffer Decline Deep Home One Piece Purchase Residence Year

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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
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Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
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If I seem unduly clear to you, you must have misunderstood what I said.
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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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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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We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.
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If I’ve made myself clear, I’ve misspoken.
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The number one problem in today’s generation and economy is the lack of financial literacy.
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All taxes are a drag on economic growth. It’s only a question of degree.
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Credit-default swaps, I think, have serious problems associated with them.
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The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
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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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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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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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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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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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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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