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Quote by Martin Feldstein
But because we in the United States finance our current account de

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. – Martin Feldstein

Other quotes by Martin Feldstein

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. – Martin Feldstein

Category:
Business
Author
Martin Feldstein
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The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. – Martin Feldstein

Category:
finance
Author
Martin Feldstein
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To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. – Martin Feldstein

Category:
finance
Author
Martin Feldstein
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We were told this war would be over in a matter of weeks, and that the Iraqis would be able to finance it with oil sales. We were promised it was not a mission of nation building. – Sherrod Brown

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My real adversary has no name, no face, no party. It will never be elected, yet it governs – the adversary is the world of finance. – Francois Hollande

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finance

Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones. – Benjamin Franklin

Category:
finance

The reason that minorities and women dont have a better shot at getting elected to the Senate or to statewide office is because the campaign finance rules are so skewed as to make it very difficult for non-traditional candidates to raise the money necessary to get elected. – Carol Moseley Braun

Category:
finance

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