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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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"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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"It takes nearly as much ability to know how to profit by good advice as to know how to act for one's self."

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

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Amber Hurdle

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Amber Hurdle

"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."

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"You honor me greatly and beyond my ability as an individual but in so doing you honor my colleagues also who made possible the results you have cited."

Explore more quotes by Martin Feldstein

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Martin Feldstein
"Inflation is lower and more stable and the real business cycle fluctuations are more modest."
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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
"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
"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
"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."
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Martin Feldstein
"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."
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Martin Feldstein
"The more competitive value of the dollar turned around the trade deficit."
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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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Martin Feldstein
"We are particularly poor at the open economy issues."
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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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