Austerity policy without currency devaluation can only hamper economic growth. Download Download Share on Facebook Share on Twitter Rotate quotes austerity currency devaluation
Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth. Lou Jiwei austeritycountrydebt Change image and share on social
Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral. Lou Jiwei boosteconomicemployment Change image and share on social
In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities. Lou Jiwei anticipateauthoritybailout share on social
Bitcoins can be traded or used for purchases, but only with those sellers who will accept them. Because it is a system independent of external meddling, there can be no sudden devaluation of Bitcoins through the actions of governments. Kurt Eichenwald acceptactionbitcoins share on social
I came from a lower-middle-class postwar family in a time of austerity and retrenchment, with no one in the family who was in any way artistic or a potential mentor to a budding writer, and yet this is what I became. Graham Swift artisticausteritybud share on social
China needs a currency that reflects underlying economic fundamentals. Henry Paulson chinacurrencyeconomic Change image and share on social
