"Well, I think the global economy is in the position for continuing good growth with inflation well in check"
- John W. Snow
About this Quote
John W. Snow's quote recommends that the global economy remains in a good position for ongoing growth. This growth is anticipated to be accompanied by low inflation, which is a positive sign for the economy. Low inflation suggests that costs are not rising too rapidly, which can result in financial instability. This is useful for services, as it permits them to plan for the future and make financial investments without worrying about the expense of products and services increasing too rapidly. Furthermore, low inflation can assist to keep incomes and salaries from rising too quickly, which can help to keep the expense of living down. In General, John W. Snow's quote recommends that the worldwide economy is in a great position for continued development, with inflation staying in check.
This quote is written / told by John W. Snow somewhere between August 2, 1939 and today. He/she was a famous Economist from USA.
The author also have 26 other quotes.