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Trouble Quotes

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Trouble Quotes

“I remember sitting in my room and thinking of where it all went wrong and how I ended up losing control of everything, and I realized I hadn't asked myself one question: And then what? That was my most important lesson. I learned to think about the consequences before the action and that saves me, to this day, from a lot of trouble. If you play it down the line, you'll start making better choices.”

“The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange rate, abolish your central bank and adopt a currency board instead. Either extreme; a fixed exchange rate through a currency board, but no central bank, or a central bank plus truly floating exchange rates; either of those is a tenable arrangement. But a pegged exchange rate with a central bank is a recipe for trouble.”