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Jobs Quotes

“In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.”

“A good leader has a plan that consists of changing simple pictures. Just because a group of people has a bunch of boards, hammers, and nails does not mean that they are building a house or even anything recognizable. Sometimes leaders think they are doing their job just because there is a lot of hammering going on. As a society we like the sound of hammering, but we are uncomfortable with the sound of thinking, which is silence.”