Category - Martin Feldstein

Discover the thoughtful Quotes of Martin Feldstein, a philosopher and author. Our collection of his most impactful quotes reflects his deep understanding of language, philosophy, and history. Motivational Quotes of Martin Feldstein
Whether seeking thought-provoking reflections or academic wisdom, Martin Feldsteins words offer a rich source of intellectual inspiration. #MartinFeldstein Martin Feldstein

Martin Feldstein

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.

– Martin Feldstein

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.

– Martin Feldstein

Martin Feldstein

So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.

– Martin Feldstein

Martin Feldstein

First, I think the science of monetary economics has clearly gotten better.

– Martin Feldstein

Martin Feldstein

We are particularly poor at the open economy issues.

– Martin Feldstein

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.

– Martin Feldstein

Martin Feldstein

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

– Martin Feldstein

Martin Feldstein

I think that over the last few decades, we have seen better economic outcomes than in the past.

– Martin Feldstein

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.

– Martin Feldstein

Martin Feldstein

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.

– Martin Feldstein

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.

– Martin Feldstein

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.

– Martin Feldstein

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