#om

Domestic inflation reflects domestic monetary policy. ↗

— Martin Feldstein

#inflation #monetary #monetary policy #policy #reflects

Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more. ↗

— Martin Feldstein

#coming #competitive #decline #delays #demand

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

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

I think I may have become an actor to hide from myself. You can escape into a character. ↗

— John Candy

#become #character #escape #hide #i

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth. ↗

— Martin Feldstein

#competitive #could #decreased #dollar #economic

My theme this evening is that America needs a competitive dollar. ↗

— Martin Feldstein

#competitive #dollar #evening #needs #theme

The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar. ↗

— Martin Feldstein

#compatible #competitive #dollar #during #global