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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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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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Other Quotes from
finance
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Well, first let me say that I think health care reform is important. It has to be a priority. And our system is broken. The Finance Committee bill is the best effort yet, due in large measure to the efforts of my colleague, Olympia Snowe, but its not there yet. It falls short. – Susan Collins

Category:
finance

What distinguishes the campaign finance issue from just about every other one being debated these days is that the two sides do not divide along conventional liberal/ conservative lines. – James L. Buckley

Category:
finance

Qaddafi is hated because he is the leader of a small country that is rich, but he uses his money to finance liberation struggles. – Louis Farrakhan

Category:
finance

The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals. – Adam Smith

Category:
finance

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If government knew how, I should like to see it check, not multiply, the population. When it reaches its true law of action, every man that is born will be hailed as essential. – Ralph Waldo Emerson

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There is a great man who makes every man feel small. But the real great man is the man who makes every man feel great. – G.K. Chesterton

Category:
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The word experience is like a shrapnel shell, and bursts into a thousand meanings. – George Santayana

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The high-spirited man may indeed die, but he will not stoop to meanness. Fire, though it may be quenched, will not become cool. – Ovid

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cool