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Economic Quotes

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Economic Quotes

“There are going to be a lot of questions, not just in my country, but across the Middle East. Is Israel going to continue to be "Fortress Israel"? Or, as we all hope, become accepted into the neighborhood, which I believe is the only way we can move forward in harmony. And no matter what's happening in the Middle East - the Arab Spring, et cetera, the economic challenges, high rates of unemployment - the emotional, critical issue is always the Israeli-Palestinian one.”

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.”

“women's entry into the public sphere can be seen not merely as the result of contemporary economic pressures, the high rate of divorce, or the success of the feminist movement, but rather as a profound evolutionary response to a pervasive cultural crisis. Feminine principles are entering the public realm because we can no longer afford to restrict them to the private domestic sphere, nor allow a public culture obsessed with Warrior values to control human destiny if we are to survive.”

“A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.”

“Why, just a couple of economic seasons ago, was idle cash considered an indication of bad management or lazy management? Because it meant that management didn't have this money out at work ... Now look. Presto! A new fashion! Cash is back in! Denigrating liquidity has dropped quicker than hemlines. A management is now saluted if it has some cash, some liquidity, doesn't have to go to the money market at huge interest rates to get the wherewithal to keep going and growing. Along with Ben Franklin, my father and your father would understand and applaud this new economic fashion.”

“Air pollution is a threat to health, especially of older persons. It contributes significantly to the rising rates of chronic respiratory ailments. It stains our cities and towns with ugliness, soiling and corroding whatever it touches. Its damage extends to our forests and farmlands as well. The economic toll for our neglect amounts to billions of dollars each year.”

“The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.”

“Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.”

“We are facing another economic meltdown. The ecosystem, on which the human species depends for life, is being destroyed at a rate that has not even been anticipated by climate scientists. We don't have a lot of time left. So either we get out and fight or we're finished. Fear is the only thing the Democratic Party has to offer - fear that the Republican Party is worse.”

“Social mobility decreased under Labour and under the current government it is reversing. The differences between the poorest and richest are returning to Victorian levels. We don't have open sewers and infant mortality rates at fifty percent but in economic terms we're getting to a level of disparity we haven't seen for a couple of hundred years. And we're getting there very quickly.”