Jerome Powell Quotes
A risk-insensitive leverage ratio can be a useful backstop to risk-based capital requirements. But such a ratio can have perverse incentives if it is the binding capital requirement because it treats relatively safe activities, such as central clearing, as equivalent to the most risky activities.

Quotes to Explore
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We are professionals. We know when we're playing badly, so if you have a poor game, you work in training to put things right so form comes back.
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Women must not shout back when their husbands come home and shout at them for any reason.
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I've had the same barber since I was about 14 years old.
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When you've been on a programme called 'An Idiot Abroad' job offers aren't exactly flying in.
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I don't think God cares a whole lot about the outcome. He cares about the people involved, but I don't think he's a big football fan.
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Talking to other people who make low-budget movies, everyone kind of has the same struggle.
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I will keep my word. My father fled Cuba, and I will fight to defend liberty because my family knows what it's like to lose it.
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Fortunately, I grew up in a family that was grounded. My mother and father knew how to guide my career and look out for my best interests.
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That image is a couple different people's homes that I knew growing up.
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Millions of people gave their lives fighting fascism and imperialism, but Pearl Harbor was the event that forever changed the course of human history.
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Few men could explain why they enlisted, and if they attempted they might only prove that they had done as a politician said the electorate does, the right thing from the wrong motive.
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Just think about it: what in the name of God would Alabama be without the University of Alabama? What would Oklahoma be without the University of Oklahoma? Nothing.
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When I'm on vacation here in the States, I can do all kinds of stuff; I can train and keep busy.
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I was about 13 or 14 when I heard Malcolm X's speech 'Message to the Grass Roots.'
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Prejudice of any kind implies that you are identified with the thinking mind. It means you don't see the other human being anymore, but only your own concept of that human being. To reduce the aliveness of another human being to a concept is already a form of violence.
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You perhaps know me as a novelist. Literature is one of the arts – in fact, the noblest of the arts. That is not my opinion; it was first expressed by the ancients. As art, literature has many similarities with the other art forms.
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As for the level of spectacle of the two disciplines, I leave it to the people who watch the races to comment.
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I think it's good to have pressure on yourself. The worst crime is to get kind of really complacent.
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It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there is an expectation that government will do whatever it takes to rescue that institution from failure, thus bestowing an effective risk premium subsidy. Reforms to end 'too big to fail' must address the causes of this expectation.
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The risk presented by these lethal wastes is like no other risk, and we should not be expected to accept it or to project it into the future in order for manufacturers and utilities to make a dollar killing now.
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By the time I had finished my studies at St. Paul's School, I knew I wanted to be an actor.
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Of course things you don't know about are always nicer'n things you do, same as the pertater on 'tother side of the plate is always the biggest.
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Faith looks to the word and the promise; that is, to the truth. But hope looks to that which the word has promised, to the gift.
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A risk-insensitive leverage ratio can be a useful backstop to risk-based capital requirements. But such a ratio can have perverse incentives if it is the binding capital requirement because it treats relatively safe activities, such as central clearing, as equivalent to the most risky activities.