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Martin Feldstein

"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."

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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."

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Akiroq Brost

"Poverty: a temporary financial low, curable by money."

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Akiroq Brost

"Cosmic Ordering cultivates prosperity daily."

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Akiroq Brost

"To acquire great wealth quickly you must be a person who shares generously."

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Akiroq Brost

"Money is a necessity, but not the determinant of a successful life. It is there to secure you, but not to save you! It is there to support you, but not to sanctify you!"

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Akiroq Brost

"A lot of people forget that it is not only about how much money that you make, but mainly about how much you get to save from it."

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Akiroq Brost

"Don't spend your money on luxuries. Save it and secure a safe future. Don't crave for quick satisfaction."

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Akiroq Brost

"If you solely focus only on financial survival then that is where you will always be."

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Akiroq Brost

"Purchasing a large and expensive home during a real estate boom turned into the biggest financial mistake that I ever made."

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Akiroq Brost

"The only secret of wealth creation is knowing how to use Cosmic Ordering."

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Akiroq Brost

"Gain may be temporary and uncertain; but ever while you live, expense is constant and certain: and it is easier to build two chimneys than to keep one in fuel."

Explore more quotes by Martin Feldstein

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Martin Feldstein
"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."
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Martin Feldstein
"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."
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Martin Feldstein
"The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product."
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Martin Feldstein
"Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today."
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Martin Feldstein
"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."
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Martin Feldstein
"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."
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Martin Feldstein
"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."
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Martin Feldstein
"A second reason why science cannot replace judgement is the behavior of financial markets."
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Martin Feldstein
"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."
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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."
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