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"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."
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Exlpore more Experience quotes
"When he finished, he drank from the cup. Everyone else did too, so I followed suit.And nearly choked to death.It was like fire in liquid form. It took every ounce of strength I had to swallow it and not spray it on those around me."Wh...what is this?" I asked, coughing.Viktoria grinned. "Vodka."I peered at the glass. "No, it isn't. I've had vodka before.""Not Russian vodka."Apparently not."
"We experience problem-solving sessions as war zones, we view competing ideas as enemies, and we use problems as weapons to blame and defeat opposition forces. No wonder we can't come up with real lasting solutions!"
"The joy of acting for me is to be able to experience emotions in a safe environment. You can't scream and cry in the street because everybody will look. If you do it on a movie set, you get applauded."
"I think it will be found that experience, the true source and foundation of all knowledge, invariably confirms its truth."
"Prophecy, however honest, is generally a poor substitute for experience."
"As the writer, you're always a presence in the song. If you get close to what human beings are like, you're writing about common experience. We all do much the same things, so if you nail somebody, then you've also nailed yourself."
"I'm in the mood for another Moonstruck experience, for another romantic comedy."
"You learn from a conglomeration of the incredible past - whatever experience gotten in any way whatsoever."
"Existence itself does not feel horrible; it feels like an ecstasy, rather, which we have only to be still to experience."
Explore more quotes by Martin Feldstein
"We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation."
"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."
"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."
"I think that over the last few decades, we have seen better economic outcomes than in the past."
"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."
"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."
"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."
"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."
"Inflation is lower and more stable and the real business cycle fluctuations are more modest."
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