David Malpass Quotes

David Malpass Quotes: When Congress legislates in haste, it often causes more problems than it solves. But Congress rarely reconsiders its mistakes.
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David Malpass Quote: The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but dont fix the underlying problems.
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