Martin Feldstein

Quotes

• “Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels ...”
• “But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to...”
• “To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, bu...”
• “The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce ...”