Quote by Martin Feldstein
A rise in the level of saving can reduce aggregate activity tempor

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

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
Read Quote

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
Read Quote

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
Read Quote
Other Quotes from
Business
category

I did 13-something years of talking to wrestlers and promoters about why they did certain things and why they booked matches a certain way and what they were thinking and whether they were satisfied with the draw. And I got a lot of insight in the business. – Billy Corgan

Category:
Business

After a while of getting jerked around, you realize what the business is really made up of. – Tori Amos

Category:
Business

If you dont understand the details of your business you are going to fail. – Jeff Bezos

Category:
Business

Well, I was sort of a jack-of-all-trades in show business for a long time. I was a singer and a dancer and then I got a job as an actor. – Christopher Walken

Category:
Business

Random Quotes

We are a model country where gender equality is concerned. – Tarja Halonen

Category:
Equality

Another unsettling element in modern art is that common symptom of immaturity, the dread of doing what has been done before. – Edith Wharton

Category:
Art

To me, the job of the artist is to provide a useful and intelligent vocabulary for the world to be able to articulate feelings they experience everyday, and otherwise wouldnt have the means to express in a meaningful and useful way. – Mos Def

Category:
Experience

The rhythm of the weekend, with its birth, its planned gaieties, and its announced end, followed the rhythm of life and was a substitute for it. – F. Scott Fitzgerald

Category:
Weekends