Carmen Reinhart Quotes
As we mentioned in the preamble, banks’ role in effecting maturity transformation—transforming short-term deposit funding into long-term loans—makes them uniquely vulnerable to bank runs
Quotes to Explore
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For me, I love California. I feel like it's my second home in that I moved out by choice at eighteen. It gave me opportunities that I didn't have anywhere else.
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I just kind of assumed that you do a movie and then you leave and you hop onto the next thing. I never thought that people are actually buddies.
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The people sensible enough to give good advice are usually sensible enough to give none.
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My mother and father always supported my passion for acting. I think they just kind of expected me to move to New York and become an actress and have all these adventures.
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I was a gym rat and I always thought that was a part of my success.
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There is always an opportunity in an opportunity.
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No work is "most important." Or, put differently, all work is important but work done poorly becomes most important.
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Organized Christianity has probably done more to retard the ideals that were its founder's than any other agency in the world.
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Every time we moved on, I joined a different class in a different school with different girls until, aged 13, my father had taken the decision to pull me out of school altogether. Everything I needed, he reasoned, could be found within the rich language of Shakespeare's plays at which, by then, I was something of an old hand.
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I studied at a grammar school and later at the University of Vienna in the Faculty of Medicine.
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[Friedrich] Hayek is not protesting that things like child labor and stuff are good. He's just trying to show that when government undertakes to make everything good for everybody, this is what happens. And he addresses it to socialists of all parties.
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The whole freedom of man consists either in spiritual or civil liberty.
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True intelligence requires fabulous imagination.
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That's one of the things I'm most proud of is the character of the guys on this roster. They're anxious to step up and play for their country.
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Development is about transforming the lives of people, not just transforming economies.
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As we mentioned in the preamble, banks’ role in effecting maturity transformation—transforming short-term deposit funding into long-term loans—makes them uniquely vulnerable to bank runs
