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

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
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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
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The art and culture that is New York, communications, finance, all these things help make up New York. The rest of the country should be happy that we are what we are. – David Dinkins

Category:
finance

Infinite growth of material consumption in a finite world is an impossibility. – E. F. Schumacher

Category:
finance

The problem of how we finance the welfare state should not obscure a separate issue: if each person thinks he has an inalienable right to welfare, no matter what happens to the world, thats not equity, its just creating a society where you cant ask anything of people. – Jacques Delors

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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

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Time and the hour run through the roughest day. – William Shakespeare

Category:
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The Bush administration also was not straightforward about the intelligence it had, releasing tenuous information that fit its goal of attacking Iraq. I feel deceived. – Ken Lucas

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Intelligence

After a number of years dating, we decided we were good partners. – Melinda Gates

Category:
dating

At the end of the day, all you can hope for is to go on. The older I get, the more I realize that just keeping on keeping on is what lifes all about. – Janis Ian

Category:
Hope