"The comparison to the old world is something to get excited about. We have the potential for more choice and innovation, and a different regulatory environment that doesn't place as much weight on economic regulations of terms and conditions"
- Michael K. Powell
About this Quote
In this quote, Michael K. Powell is expressing his enthusiasm for the capacity of the brand-new world. He believes that the comparison to the old world is something to be delighted about due to the fact that it provides the opportunity for more choice and development. Powell also discusses a various regulative environment, which suggests that there will be a shift far from strict financial regulations. This could imply that services will have more flexibility to run and develop brand-new product or services without being greatly restricted by government policies. Overall, Powell's words convey a sense of optimism and hope for the future of the world and its potential for development and development.
"It's not just the effect of technology on the environment, on religion, on the economic structure, on society, on politics, etc. It's that everything now exists in technology to the point where technology is the new and comprehensive host of nature of life"
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists"
"The war being fought in Afghanistan and Iraq is bringing about a fundamental change to the environment that has given rise and power to the extremists who export terrorism"
"While expanding market access for American industry, financial markets and farmers is critical, I believe it needs to be done responsibly, accounting for the treatment and protection of workers and the environment"
