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

And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets. – Martin Feldstein

Category:
Science
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Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work. – Martin Feldstein

Category:
Government
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Other Quotes from
finance
category

I certainly want campaign finance reform. I just wish this would do it in a way that would stand up to a constitutional challenge. – Ben Nelson

Category:
finance

The avoidance of taxes is the only intellectual pursuit that still carries any reward. – John Maynard Keynes

Category:
finance

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. – John Kenneth Galbraith

Category:
finance

Arbitrage proof has since been widely used throughout finance and economics. – Merton Miller

Category:
finance

Random Quotes

Nature never did betray the heart that loved her. – William Wordsworth

Category:
Nature

All of us, from time to time, need a plunge into freedom and novelty, after which routine and discipline will seem delightful by contrast. – André Maurois

Category:
Leisure

It was really fun being in Taras trailer, working on my lines. Tara is such an amazing actress. Shes so good at what she does. I learned a lot from watching her. – Carson Daly

Category:
amazing

People in distress will sometimes prefer a problem that is familiar to a solution that is not. – Neil Postman

Category:
Miscellaneous