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Economy Quotes


"The Roaring Twenties were the period of that Great American Prosperity which was built on shaky foundations."


"I personally think intellectual property is an oxymoron. Physical objects have a completely different natural economy than intellectual goods. It's a tricky thing to try to own something that remains in your possession even after you give it to many others."


"I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now."


"Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed."



"In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy."


"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."


"Our whole economy is based on planned obsolescence, and anyone who can read without moving his lips should know it by now."


"You cannot bring about prosperity without discouraging thrift."


"You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America."



"Challenging unfairly subsidized products, fighting counterfeit goods and intellectual property theft and holding countries accountable for an unfair currency regime will help American companies remain competitive."


"Clean drinking water not only means better health but also ensures stronger growth of the economy. When the water table rises, the quality of the water and quality of life improves.""



"We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year."


"Tax reform and expanded trade are going to be so important to the economy of Illinois, particularly the 11th Congressional District, which is a major manufacturing and a major agricultural district."


"Altogether apart from that, it would be a disgrace to us to make this bargain with Germany at the expense of France, a disgrace from which the good name of this country would never recover."


"In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed."


"Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects."


"There is a state that is able to understand the demand in the economy. That state should use prices as an instrument for implementation of this understanding."


"We should be able to support our own economy within our own borders."


"Michigan is also the only industrial state that has a AAA credit rating."


"It is clear that the economy has not gotten better for everyone."


"But while I loved all of these courses, there was an irresistible attraction of economics."


"If I just produce the transparent ideal accepted by the Western experts, a process of privatization which will be very good but never happen, that means nothing."


"By adopting the other trade, we place ourselves by the side of those whose measures tend not only to the improvement of their own subjects, but to the emancipation of the slave everywhere."


"Energy consumption matters both to our environment and our economy."



"Over the past two years, the House has passed more than 50 measures focused on stimulating the economy and expanding opportunities for American workers. The tax relief provisions in this package have been an important part of our pro-growth agenda."


"We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality."


"The premise is simple: One economy and one environment, and they're interdependent."


"Every month that we do not have an economic recovery package 500 million Americans lose their jobs."



"This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it."


"I think it would take a real stretch to think that I caused the problems with the economy."


"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."



"A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation."


"More than 60,000 jobs have been lost in the commercial aviation industry in the United States since 1999."


"India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity."


"In today's global economy, however, it is important to raise the bar of excellence even higher. Today's students must be prepared to compete effectively on an international level."


"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."


"As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity."


"If Congress doesn't raise taxes, you cannot get a private investment account without forgoing a portion, possibly all, of your guaranteed benefit check."


"The conditions which now exist in Germany make it impossible for industrial production to reach the levels which the occupying powers agreed were essential for a minimum German peacetime economy."


"First off, the crude oil market, unlike every other commodity in America, is virtually unregulated."
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