"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."

Gain, Inflation

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"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."

Exlpore more Gain quotes

"To appreciate the noble is a gain which can never be torn from us."

Johann Wolfgang von Goethe, German Poet

Gain,

"I certainly believe that we gain through open trade and liberalisation."

Peter Mandelson, British Politician

Gain, Open, Trade

"Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."

Milton Friedman, American Economist

Gain, Party

"Ignorance of one's misfortunes is clear gain."

Euripides, Greek Poet

Gain, Ignorance

"We will build new ships to carry man forward into the universe, to gain a new foothold on the moon and to prepare for new journeys to the worlds beyond our own."

George W. Bush, American President

Gain, Man, Moon, Ships

"You must lose everything in order to gain anything."

Brad Pitt, American Actor

Gain, Order

"It's not right to say that our loss in Vietnam turned out to be a gain. But lessons were learned. And they were the right lessons."

Tom Clancy, American Novelist

Gain, Loss, Right, Vietnam

"Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain."

William Vickrey, Canadian Educator

Gain, Loss, Sales

"Do not gain basely; base gain is equal to ruin."

Hesiod, Greek Poet

Gain, Ruin

"By his own efforts man could never gain the true and desired riches."

Joseph Rutherford, American Clergyman

Gain, Man

Explore more quotes by Martin Feldstein

"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."

Business

"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."

Power

"We are particularly poor at the open economy issues."

Economy

"Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."

Government

"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."

Economy

"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."

Economy

"Inflation is lower and more stable and the real business cycle fluctuations are more modest."

Business

"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."

Ability

"The more competitive value of the dollar turned around the trade deficit."

Economy

"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."

Finance