Quote by Martin Feldstein
To finance this trade deficit, the U.S. has to borrow from the res

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

Other quotes by Martin Feldstein

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. – Martin Feldstein

Category:
Business
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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

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
category

It is bad policy to regulate everything… where things may better regulate themselves and can be better promoted by private exertions but it is no less bad policy to let those things alone which can only be promoted by interfering social power. – Friedrich List

Category:
finance

Poverty is unnecessary. – Muhammad Yunus

Category:
finance

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear. – Andrew Lo

Category:
finance

In the long term, Germany didnt need a finance minister who was absent during important negotiations in the European Council. But the chancellor strongly encouraged me to stay. And everything did work out for the best in the end. – Wolfgang Schauble

Category:
finance

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Surely the President can agree with us, that theft from government is not good. I know its bold. Its out on the edge. I know from a Chicago-Springfield background its hard to fully grasp that honesty could be part of government. – Newt Gingrich

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Im happily single. – Paula Abdul

Category:
alone

For what we call illusions are often, in truth, a wider vision of past and present realities –a willing movement of a mans soul with the larger sweep of the worlds forces –a movement towards a more assured end than the chances of a single life. – George Eliot

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I see nothing wrong with the human trait to desire. In fact, I consider it integral to our success mechanism. Becoming attached to what we desire is what causes the trouble. If you must have it in order to be happy, then you are denying the happiness of the here and now. – Peter McWilliams

Category:
Happiness