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The Fed chairmanship is not the kind of job where you want to surprise everyone with your choice of a total unknown. You don't want to surprise Wall Street.
David Jones
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The culture of the chairmanship is to be the dominant voice in the Fed. If you have a weak chairman... the markets could be very unsettled.

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And it should be the law: If you use the word paradigm without knowing what the dictionary says it means, you go to jail. No exceptions.

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