John Snow
John Snow
John Snowwas an English physician and a leader in the adoption of anesthesia and medical hygiene. He is considered one of the fathers of modern epidemiology, in part because of his work in tracing the source of a cholera outbreak in Soho, London, in 1854. His findings inspired fundamental changes in the water and waste systems of London, which led to similar changes in other cities, and a significant improvement in general public health around the world...
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While the minister and governor are here, let me commend them for their terrific leadership, courage, and the skill and confidence that they bring to the monetary and fiscal economic policy issues of their country,
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Beyond the United States, in Asia and elsewhere we have seen where the excessive reliance on bank financing has contributed to financial crisis, ... help China's economy shift from savings to consumption without sacrificing growth.
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undervalued by the market and was therefore a good investment.
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to make progress on reforming their foreign-exchange regime.
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We also always add that -- and I think it's a critically important point -- nobody can devalue their way to prosperity.
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We have a corporate structure that's leaned out -- inventories are tight as a drum, corporate America is very productive, and they've taken a lot of costs out, ... So when the economy comes back, I think we're going to see a nice pick-up in profitability and cash flows -- and that's always the precursor of expansions in capital spending.
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We will take the ball, ... It's our turn to run with it.
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shows that the foundation of America's economy continues to be sound and strong.
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Moving to a truly flexible exchange rate requires a lot of preparatory steps. China is seriously engaged in taking these preparatory steps,
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We're simply making an inquiry to make sure we're on top of the situation in the Treasury markets, ... The reason to do this is simply to make sure that we're on top of the situation, understand the dynamics of that market.
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Lifting the debt burden from the poorest countries in the world brightens their prospects enormously. This is an achievement of historic proportions.
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Many stand waiting to defend their breaks, deductions and loopholes and to defeat our efforts.
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There's no doubt about the fact they create headwinds for the economy,
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It would seem to make sense to think that we could see loss of GDP growth rate in the quarters ahead of half a percent or so,