#la

For if there is a sin against life, it consists perhaps not so much in despairing of life as in hoping for another life and in eluding the implacable grandeur of this life. ↗

— Albert Camus

#another #consists #despairing #grandeur #hoping

After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive. ↗

— Martin Feldstein

#after #brings #buy #competitive #dollar

I had just lost my dad and I remembered all the songs we used to go and hear at concerts, and the records around the house and sometimes we'd play together. ↗

— Vince Gill

#concerts #dad #go #had #hear

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 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

#adverse #because #borrowing #competitive #countries

Without culture, and the relative freedom it implies, society, even when perfect, is but a jungle. This is why any authentic creation is a gift to the future. ↗

— Albert Camus

#authentic #creation #culture #even #freedom

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

But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988. ↗

— Martin Feldstein

#began #beginning #decline #dollar #fell

Domestic inflation reflects domestic monetary policy. ↗

— Martin Feldstein

#inflation #monetary #monetary policy #policy #reflects