Urjit Patel Quotes
Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.
Quotes to Explore
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The training of younger generations is very close to my heart.
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Don't take a butcher's advice on how to cook meat. If he knew, he'd be a chef.
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Without order nothing can exist-without chaos nothing can evolve. Nowadays people know the price of everything and the value of nothing.
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Lord Illingworth told me this morning that there was an orchid there as beautiful as the seven deadly sins.
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Do not be afraid of the past. If people tell you that it is irrevocable, do not believe them. The past, the present and the future are but one moment in the sight of God, in whose sight we should try to live. Time and space, succession and extension, are merely accidental conditions of thought. The imagination can transcend them.
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Find a pile of gold and sit on it.
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Writing a novel is like heading out over the open sea in a small boat. It helps, if you have a plan and a course laid out.
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When good luck knocks at the door, let him in and keep him there.
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My paintings (1907) were aglow with colors and so my soul was contended with them.
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That’s how she loved people—by feeding them.
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I don't hate cats...as long as they stay on the freeway, where they belong.
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Dont expect fame to come overnight. That filtered through to me in my own career. Look at Madonna: shes not the best singer in the world, but shes got where she has through hard work.
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It's nothing that happens overnight. The process is beginning, and we'll be finished by Saturday.
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Certainly there is no way to direct the effects of monetary policy at a single class of assets while leaving other financial markets and the broader economy untouched. One might as well try to perform brain surgery with a sledgehammer.
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Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.
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The big question is: When will the term structure of interest rates change? That's the question to be worried about.
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I've found from years of trial that the only way I can work is to make sketches in pencil from Nature, purely as reference material for future use in the studio.
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Come to Washington to help America put pressure on this administration.
