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  • Keys Quotes   124
  • 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... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
    • 6 years ago



    Tags : Alan Greenspan Quotes , Keys Quotes , Incomplete Knowledge Quotes
  • If a dread of not being understood be hidden in the breasts of other young people to anything like the extent to which it used to be hidden in mine - which I consider probable, as I have no particular reason to suspect myself of having been a monstrosity - it is the key to many reservations.
    • 5 years ago



    Tags : Charles Dickens Quotes , Keys Quotes , People Quotes
  • Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.
    • 5 years ago



    Tags : Warren Buffett Quotes , Keys Quotes , Degrees Quotes