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Risk is a many splendored thing: lessons learned

Author

Listed:
  • Richard W. Fisher

Abstract

Remarks to the Austin Mortgage Bankers Association, Austin, Texas, April 4, 2007 ; \"The elimination of risk can never be the goal of any type of policymaker in a capitalist system. Risk becomes a problem only when it is excessive or when it is abused--a proposition that is especially true in today's environment, where financial markets are increasingly globally integrated and information moves with the click of a mouse.\"

Suggested Citation

  • Richard W. Fisher, 2007. "Risk is a many splendored thing: lessons learned," Speeches and Essays 51, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:feddsp:51
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    File URL: http://dallasfed.org/news/speeches/fisher/2007/fs070404.cfm
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