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Quote by Jane D. Hull

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Jane D. Hull
Jane D. Hull

Jane D. Hull, born on August 8, 1935, is a prominent political figure in the United States, known for her tenure as the Governor of Arizona. She was the first female governor in the history of Arizona. During her time in office, Hull focused on educational reform, environmental protection, and economic development, earning recognition for her leadership and commitment to public service. more

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“In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”

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