#con

Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit. ↗

— Martin Feldstein

#although #any #bring #change #changes

An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers. ↗

— Martin Feldstein

#america #american #american consumers #asia #attractive

But the primary reason for wanting the dollar to become more competitive in the near future is that we may need an increase in exports this year and in 2007 to sustain the economy's current pace of expansion. ↗

— Martin Feldstein

#competitive #current #dollar #economy #expansion

First, I think the science of monetary economics has clearly gotten better. ↗

— Martin Feldstein

#clearly #economics #first #gotten #i

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like. ↗

— Martin Feldstein

#consumer #home #homeowners #improvements #like

I think that over the last few decades, we have seen better economic outcomes than in the past. ↗

— Martin Feldstein

#decades #economic #few #i #i think

I have a clear conscience. ↗

— Wilhelm Canaris

#clear conscience #conscience #i

There is nothing that man fears more than the touch of the unknown. He wants to see what is reaching towards him, and to be able to recognize or at least classify it. Man always tends to avoid physical contact with anything strange. ↗

— Elias Canetti

#always #anything #avoid #classify #contact

If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth. ↗

— Martin Feldstein

#balanced #becomes #both #competitive #dollar

Justice requires that everyone should have enough to eat. But it also requires that everyone should contribute to the production of food. ↗

— Elias Canetti

#contribute #eat #enough #everyone #food