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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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The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.
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I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
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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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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.
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Gold still represents the ultimate form of payment in the world.
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The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…
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As long as we issue fiat currency, I see no alternative to a legal tender law.
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