"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.“


-Martin Feldstein

posted in finance


The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.

Other Quotes You Might Like

Discover more inspiring quotes from our collection

"And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets."

-Martin Feldstein

scienceView Quote
"First, I think the science of monetary economics has clearly gotten better."

-Martin Feldstein

scienceView Quote
"A second reason why science cannot replace judgement is the behavior of financial markets."

-Martin Feldstein

scienceView Quote
"Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."

-Martin Feldstein

governmentView Quote
"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

financeView Quote
"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

financeView Quote

More Quotes About finance

Explore other inspiring quotes in this category

"It starts with campaign finance reform."

-Zack Space

financeView Quote
"Our goal is to make finance the servant, not the master, of the real economy."

-Alistair Darling

financeView Quote
"If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that."

-Jeroen Dijsselbloem

financeView Quote
"The government is also looking at further benefits including enhanced capital allowances the use of Tax Incremental Finance and extra help from UK Trade and Investment on inward investment and trade opportunities."

-Andy Sawford

financeView Quote
"I understand that finance can be very complex."

-Kevin Harrington

financeView Quote
"The Republican Party is not in the hands of the Jewish lobby in America as the Democratic Party must look quite often to Jewish money to finance candidates."

-Pete McCloskey

financeView Quote