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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

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
Author
Martin Feldstein
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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
Author
Martin Feldstein
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Other Quotes from
finance
category

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

I do not regard a broker as a member of the human race. – Honore de Balzac

Category:
finance

Today, if you look at financial systems around the globe, more than half the population of the world – out of six billion people, more than three billion – do not qualify to take out a loan from a bank. This is a shame. – Muhammad Yunus

Category:
finance

I know what I dont know. To this day, I dont know technology, and I dont know finance or accounting. – Bernard Ebbers

Category:
finance

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