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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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
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Other Quotes from
finance
category

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

Category:
finance

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute. – William Feather

Category:
finance

The Republican Party is not in the hands of the Jewish lobby in America as the Democratic Party must look quite often to Jewish money to finance candidates. – Pete McCloskey

Category:
finance

I wasnt a financial pro, and I paid the price. – Ruth Handler

Category:
finance

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Category:
Failure

So Im a young boy in the 1940s growing up, seeing Ralph Bunche on a regular basis, seeing Duke Ellington on a regular basis. We know that these people are famous. Theyre living in the same community as we live in. They go to the same stores and shops. – Ed Smith

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famous

Poor little Foal of an oppressed race! I love the languid patience of thy face. – Samuel Taylor Coleridge

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