Paul Krugman Quotes
I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.
Paul Krugman
Quotes to Explore
Washington is a resigning town. Nothing else holds the special excitement of a rumored resignation.
George P. Bush
Hallucinogenic plants act as enzymes which stimulate imagination.
Terence McKenna
I am upset and completely disappointed in the government, the millionaires and billionaires in the U.S. See what's happening to the country? Look at all the health problems, the economy, the recession and crime.
Maharishi Mahesh Yogi
This world's a bubble.
Saint Augustine
At a very young age, I could look at people and tell that everyone was, in a sense, worthless in their own mind. And you couldn't trust anyone. No one was good.
Vince Staples
There is no more wild, free, vigorous growth of the forest, but everything is in pots or rows like a rococo garden... The pupil is in the age of spontaneous variation which at no period of life is so great. He does not want a standardized, overpeptonized mental diet. It palls on his appetite.
G. Stanley Hall
It is organized as a fellowship of men, a system of morals, a philosophy taught by degrees through the use of symbol, story, legend, pictures, and drama. It has served as a center of union among differing backgrounds, cultures, and countries. It serves as the means of conciliating true friendship among persons, who, because of differences, must have otherwise remained at a perpetual distance.
Harry S Truman
I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternative investments. But I had to face the fact that speculative bubbles usually are followed by recessions. My excuse has been that this was because the policy makers moved too slowly - that central banks were typically too slow to cut interest rates in the face of a burst bubble, giving the downturn time to build up a lot of momentum.
Paul Krugman
