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In a market economy, however, the individual has some possibility of escaping from the power of the state. ↗
A great many grown-up and intelligent people believe, or pretend to believe, that by behaving in a friendly and accommodating way to our attackers, we will show them that they have nothing to fear from us and so defuse their wrath. The idea that such behavior would be taken by a ruthless and implacable enemy only as a sign of weakness is as foreign to them as the idea of honor itself. ↗
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly. ↗
