“But because we in the United States finance our current account defici...” — Martin Feldstein 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.”

“Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.”

“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.”

“If you're running an engineering or finance company, all companies depend on ideas and ingenuity. I think the principles of creative leadership apply everywhere, whether it's an advertising company or whether you're running a hospital.”

“If you focus too much on business or finance, then sometimes you don't move ahead as much as you could.”

“As technology progresses, I believe that fintech will fundamentally change finance.”