Economy Quotes
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The Fed is on hold at least through the election but I think we'll get a little more tightening at the start of next year. I think, for the time being, we have a soft landing. But I think the reality is the stock market rally will probably add a little fuel to the economy and the tightening will return next year.
William C. Dudley
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I do not believe in supporting bailouts without strong ramifications. It is a fool’s fantasy to think we can live in a globally connected economy and never have a situation arise where the government prudently steps in to prevent a failure that might lead to catastrophic ramifications. In most cases, I believe it would be much better to let bailed-out companies fail when they have mismanaged themselves, rather than waste taxpayer money propping up greedy idiots who are trying to salvage their own bonuses; however, there are exceptions to almost every rule. The wiser course would be to penalize the CEO or board of directors who drove the company to the brink of failure. The most obvious punishment would be the elimination of any “golden parachutes” or bonuses for the executive and seizure of all company-derived assets, including any attempts to hide company assets in the spouse’s name. When C-level executives come to the realization that managing a company is not a game and that there are serious consequences for their actions, we will see fewer instances of requests for bailouts.
Ziad K. Abdelnour
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Policymakers think that if they get the abstractions right, that will drive behavior in the desired direction. But the world happens in real time.
Sendhil Mullainathan
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A market economy is a tool - a valuable and effective tool - for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavour. It's a place where social relations are made over in the image of the market.
Michael Sandel
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It has been very humbling and gratifying to have these men as our role models. Your generation enabled America to close out the twentieth century as the greatest nation in the history of mankind, the only remaining superpower, the world's leading economy and the world's most respected and feared military force in the world - respected by our friends and allies, feared by our adversaries.
Eric Shinseki
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When making choices, or setting policies about the economy, education or medicine, society is best served by electing people who are particularly hardworking, intelligent and interested in long-term thinking.
Bill Gates
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The only way we come back as a country is to build the domestic economy.
Gerald Celente
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If the world economy is going to revive, I believe commodities are going to lead it back up. If the world economy is not going to revive, commodities are still the place to be—especially with governments printing so much money. Look at the 1970s. The world economy was in the tank, but commodities did very well.
Ziad K. Abdelnour
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The natural state of our economy is prosperity. Freedom guarantees that. The only force capable of undermining it is government.
Ziad K. Abdelnour
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I believe that we must understand the economy of the situation.
Minoru Yamasaki
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The well-being of the British people and the health of our economy are far more important than any government's commitment to a particular strategy, but to change course now would be fatal to the whole counter-inflation strategy.
Geoffrey Howe
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Europe is often held up as a cautionary tale, a demonstration that if you try to make the economy less brutal, to take better care of your fellow citizens when they're down on their luck, you end up killing economic progress. But what European experience actually demonstrates is the opposite: social justice and progress can go hand in hand.
Paul Krugman
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There is no device whatever to be invented for securing happiness without industry, economy, and virtue.
William Graham Sumner
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The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
Bill Bonner
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Our own economy tells us to take as much as we can get, right? Our own economy says, you're going to be the most successful graduate if you go into the business world and take as much you can get. That's not how nature works. Nature has a much simpler economy. Everything in nature takes what it needs. That's it. You don't see an oak tree gathering up all the resources. An oak tree takes what it needs to be the authentic oak tree it is.
Tom Shadyac
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Voters are trying to make up their mind on who has a better plan for the economy, whose presidency would more positively impact my life?
Bill Burton
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Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.
Thomas Sowell
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The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.
Bill Bonner
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One of the things you try to achieve in a buyout is an economy of scale.
Edward Feigenbaum
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We are fighting for an open and fair economy. We are fighting for the consumer. Someone needs to.
Josh Hawley
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The thing that makes reading and writing suspect in the eyes of the market economy is that it's not corrupted.
Richard Powers
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Nuclear power will help provide the electricity that our growing economy needs without increasing emissions. This is truly an environmentally responsible source of energy.
Michael C. Burgess
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The sluggish economy is creating a situation where the young people in Japan cannot cherish their desires or have prospects for their future. Also, the decline in Japan's economic capability is resulting in a declining presence for Japan's foreign policy as well. Accordingly, the duties and mission that I must fulfill are pretty clear: namely, to regain a strong and robust economy, and also to restore Japan's strong foreign policy capability.
Shinzo Abe
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We must recognize that personal freedoms diminish as the welfare state grows. The price of more and more public programs is less and less private freedom.
Caspar Weinberger