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& i'm all up all up all up in the bank with the funny face
-Nicki Minaj
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& I'm All Up All Up All

Nicki Minaj
& i'm all up all up all up in the bank with the funny face
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Money Faces Funny Face

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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.
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The problem is that we live in an uptight country. why don't we just laugh at ourselves? we are funny. gays are funny. straights are funny. women are funny. men are funny. we are all funny, and we all do funny things. let's laugh about it.
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I'm not offended. lenny bruce taught me that everything's funny. you can make everything funny. i don't think that assassinations are funny, i don't think you can make fun of isis, but almost everything is funny. and if we can't laugh at ourselves, who can we laugh at? so i don't mind ethnic humor. i like ethnic humor. i like dialect jokes. laughter is a very subjective thing. if it's funny to you it's funny. and a lot of things are funny to me.
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As a matter of fact 25% of our u.s. investment banking business comes out of our commercial bank. so it's a competitive advantage for both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "oh, if you need x, y and z in japan or china, we can do that for you."
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Then came the second amsterdam discovery, although the principle was known elsewhere. bank deposits...did not need to be left idly in the bank. they could be lent. the bank then got interest. the borrower then had a deposit that he could spend. but the original deposit still stood to the credit of the original depositor. that too could be spent. money, spendable money, had been created. let no one rub his or her eyes. it's still being done-every day. the creation of money by a bank is as simple as this, so simple, i've often said, that the mind is slightly repelled.
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You know, lincoln was funny. i don't think f.d.r. was very funny. but lincoln was funny. lincoln was really funny. but i think you should get elected first, and then show that you're funny.
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I think generally i'm kind of interested in subjective experience, what goes on inside someone's head, that being all they really know of the world.
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