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Martin Feldstein Quotes


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Quotes by Martin Feldstein

Showing 1-10 of 29 Quotes by Martin Feldstein

A second reason why science cannot replace judgement is the behavior of financial markets.

~Martin Feldstein

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The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.

~Martin Feldstein

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Domestic inflation reflects domestic monetary policy.

~Martin Feldstein

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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

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And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets.

~Martin Feldstein

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

~Martin Feldstein

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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

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Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.

~Martin Feldstein

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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

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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

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Biography

Nationality: American

Type: Economist

Born: November 25th, 1939

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