Money & Finance: Money Quotes

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

Martin Feldstein, Economist

"If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth"

Martin Feldstein, Economist

"An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers"

Martin Feldstein, Economist

"The cold, harsh reality is that we have to balance the budget"

Michael Bloomberg, Politician

"We are particularly poor at the open economy issues"

Martin Feldstein, Economist

"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly"

Martin Feldstein, Economist

"To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world"

Martin Feldstein, Economist

"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries"

Martin Feldstein, Economist

"The easier things are to buy, the more we consume"

Erik Qualman, Author

"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth"

Martin Feldstein, Economist

"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, Economist

"The challenge to our national economies and the collective economy of Europe will become - with the growth of China and the continuing productivity growth of the US - even more intense in the decades to come"

John Hutton, Educator

"Taxes are not good things, but if you want services, somebody's got to pay for them, so they're a necessary evil"

Michael Bloomberg, Politician

"We pay some price when necessary to bring down inflation, but that price is temporary, and is not large relative to the permanent gain from reduced inflation"

Martin Feldstein, Economist

"My theme this evening is that America needs a competitive dollar"

Martin Feldstein, Economist

"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, Economist

"According to the study, approximately 16.7 million U.S. workers born in Latin America had a combined gross income of $450 billion last year, of which 93 percent was spent locally"

Luis Gutierrez, Politician

"We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city"

Michael Bloomberg, Politician

"Just like families must live within their budgets, the Federal Government must live within its means. We have passed appropriations bills that have been fiscally responsible while recognizing our national priorities"

Dennis Hastert, Politician

"You know, when companies who have made a commitment and have legacy costs and all of a sudden want to walk away from that commitment and lay it on the federal government, that's a problem. It's a fiscal problem for us"

Dennis Hastert, Politician

"America's economy is resilient, and I am confident that Republican pro-growth policies will continue to keep our economy growing - just as it has since after the September 2001 terrorist attacks"

Dennis Hastert, Politician

"As human beings, we're very materialistic and have all this stuff - furs and cars and diamonds and money"

Smokey Robinson, Musician

"Money? How did I lose it? I never did lose it. I just never knew where it went?"

Edith Piaf, Musician

"Hollywood held this double lure for me, tremendous sums of money for work that required no more effort than a game of pinochle"

Ben Hecht, Writer

"What most people don't seem to realize is that there is just as much money to be made out of the wreckage of a civilization as from the upbuilding of one"

Margaret Mitchell, Novelist

"No expense has been incurred but what has been approved of and provided for by Parliament"

Robert Walpole, Statesman

"I like the mentality of the Americans. It's like when you talk about money"

Alain Prost, Celebrity

"The price of every thing rises and falls from time to time, and place to place; and with every such change, the purchasing power of money changes so far as that thing goes"

Alfred Marshall, Economist

"Consumption may be regarded as negative production"

Alfred Marshall, Economist

"Civilized countries generally adopt gold or silver or both as money"

Alfred Marshall, Economist

"But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities"

Alfred Marshall, Economist

"And here a most heinous charge is made, that the nation has been burdened with unnecessary expenses for the sole purpose of preventing the discharge of our debts and the abolition of taxes"

Robert Walpole, Statesman

"All those men have their price"

Robert Walpole, Statesman

"I don't understand the Democrats' approach to Social Security in this country, and I'm not alone"

William Weld, Politician

"The global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability"

Julia Gillard, Statesman

"Making money is a hobby that will complement any other hobbies you have beautifully"

Scott Alexander, Author

"Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion"

Roger Wicker, Politician

"Sooner or later, we sell out for money"

Tony Randall, Actor

"Money doesn't matter on a deeply personal level. It doesn't make you feel any happier. But of course I am very aware that I don't have to worry about earning a living or about those very important practical things that most people have to worry about on a very real level"

Winona Ryder, Actress

"I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth"

Lucas Papademos, Politician

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