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

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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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
Business
category

I could play it safe by recording songs that are familiar, but am I expanding myself as an artist by doing covers? Its a catch-22. Its called show business: The word business is in it, and youve got to be a businessman. But then again, you have to be true to yourself as an artist. – Donny Osmond

Category:
Business

Men err when they think they can be inhuman exploiters in their business life, and loving husbands and fathers at home. – Smiley Blanton

Category:
Business

There are people in the public sector with a range of experiences that have no equivalent in business, but are essential to governing, like keeping a kid in school or helping someone get and hold a job. The value of those skills cant easily be measured against a bottom line. – Dee Dee Myers

Category:
Business

We dont seem to be able to check crime, so why not legalize it and then tax it out of business? – Will Rogers

Category:
Business

Random Quotes

I was not looking for my dreams to interpret my life, but rather for my life to interpret my dreams. – Susan Sontag

Category:
Dreams

The technology available for film-making now is incredible, but I am a big believer that its all in the story. – Robert Redford

Category:
Technology

Resentment is like taking poison and waiting for the other person to die. – Malachy McCourt

Category:
Anger

Each party steals so many articles of faith from the other, and the candidates spend so much time making each others speeches, that by the time election day is past there is nothing much to do save turn the sitting rascals out and let a new gang in. – H. L. Mencken

Category:
Faith