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"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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Exlpore more Ability quotes

"Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle."

"Vitality shows in not only the ability to persist but the ability to start over."

"The greatest difficulty with the world is not its ability to produce, but the unwillingness to share."

"Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement."

"I felt the familiar warm tingling at the center of my chest and had just enough time to gasp as some invisible hand yanked me forward, smacking my forehead against the dashboard with enough force to stun me dumb. Chubs slammed on the brakes, forcing my seat belt to do its job and lock against my chest. I was thrown back into my seat, an explosion of colors bursting in my vision. 'Oh, hell no!' Chubs roared, slamming a hand against the steering wheel. 'That's it! We don not use our abilities on one another, goddammit! Behave yourself!"

"My colleagues have expressed confidence in my ability to articulate our conservative message and to provide new focus to our efforts in the General Assembly."
Explore more quotes by Martin Feldstein

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

"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."

"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."

"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."

"An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers."

"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries."

"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."

"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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