Domestic inflation reflects domestic monetary policy. Download Download Share on Facebook Share on Twitter Rotate quotes domestic inflation monetary
The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar. Martin Feldstein compatiblecompetitivedollar Change image and share on social
But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988. Martin Feldstein aprilbegindecline Change image and share on social
After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive. Martin Feldstein abilitybringbuy share on social
Earth is abundant with plentiful resources. Our practice of rationing resources through monetary control is no longer relevant and is counter-productive to our survival. Jacque Fresco abundantcontrolcounter Change image and share on social
I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation. Jeremy Grantham controldealdesign Change image and share on social
I generally don't follow domestic news that much aside from how it relates to the stories I'm covering abroad, like what Americans think of the War in Afghanistan. Lynsey Addario abroadafghanistanamerican Change image and share on social
