--- title: "8 Dollar Quotes By Martin Feldstein" description: "8 Dollar quotes by Martin Feldstein. Plus more from Martin Feldstein and more Dollar sayings from other authors." image: "https://sms4smile.com/quotes/i/52e/martin-feldstein-21258_deficit_the-more-competitive-value-of-the-dollar_14557.jpg" --- > [The more competitive value of the dollar turned around the trade deficit.](https://sms4smile.com/quotes/martin-feldstein/the-more-competitive-value-of-the-dollar-turned-around-the-trade/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/52e/martin-feldstein-21258_deficit_the-more-competitive-value-of-the-dollar_14557.jpg) > [Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more…](https://sms4smile.com/quotes/martin-feldstein/even-if-the-dollar-does-decline-during-the-coming-months-the-delays/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/136/martin-feldstein-21258_decline_even-if-the-dollar-does-decline-during-t_1068925.jpg) > [The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both…](https://sms4smile.com/quotes/martin-feldstein/the-good-news-is-that-a-competitive-dollar-in-the-global-market-and-a/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/5b0/martin-feldstein-21258_compatible_the-good-news-is-that-a-competitive-doll_1580831.jpg) > [My theme this evening is that America needs a competitive dollar.](https://sms4smile.com/quotes/martin-feldstein/my-theme-this-evening-is-that-america-needs-a-competitive-dollar/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/6f9/martin-feldstein-21258_america_my-theme-this-evening-is-that-america-ne_1686542.jpg) > [Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty…](https://sms4smile.com/quotes/martin-feldstein/although-economists-have-studied-the-sensitivity-of-import-and-export/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/35b/martin-feldstein-21258_change_although-economists-have-studied-the-sen_1884193.jpg) > [After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports…](https://sms4smile.com/quotes/martin-feldstein/after-all-an-overvalued-dollar-gives-us-the-ability-to-buy-foreign/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/0d1/martin-feldstein-21258_ability_after-all-an-overvalued-dollar-gives-us_2470183.jpg) > [If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve…](https://sms4smile.com/quotes/martin-feldstein/if-the-federal-reserve-pursues-a-strong-dollar-at-home-while-the/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/b21/martin-feldstein-21258_achieve_if-the-federal-reserve-pursues-a-strong_3053309.jpg) > [But the primary reason for wanting the dollar to become more competitive in the near future is that we may need an…](https://sms4smile.com/quotes/martin-feldstein/but-the-primary-reason-for-wanting-the-dollar-to-become-more/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) [Image](https://sms4smile.com/quotes/i/7b7/martin-feldstein-21258_currents_but-the-primary-reason-for-wanting-the-d_3089891.jpg) ## Other authors on Dollar ## More by Martin Feldstein > [In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation…](https://sms4smile.com/quotes/martin-feldstein/in-short-both-experience-and-economic-theory-imply-that-the-us-could/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [The more competitive value of the dollar turned around the trade deficit.](https://sms4smile.com/quotes/martin-feldstein/the-more-competitive-value-of-the-dollar-turned-around-the-trade/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [Inflation is lower and more stable and the real business cycle fluctuations are more modest.](https://sms4smile.com/quotes/martin-feldstein/inflation-is-lower-and-more-stable-and-the-real-business-cycle/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out…](https://sms4smile.com/quotes/martin-feldstein/increased-government-spending-can-provide-a-temporary-stimulus-to/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [I think that over the last few decades, we have seen better economic outcomes than in the past.](https://sms4smile.com/quotes/martin-feldstein/i-think-that-over-the-last-few-decades-we-have-seen-better-economic/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [And finally, no matter how good the science gets, there are problems that inevitably depend on judgment, on art, on a feel for financial…](https://sms4smile.com/quotes/martin-feldstein/and-finally-no-matter-how-good-the-science-gets-there-are-problems/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high…](https://sms4smile.com/quotes/martin-feldstein/thirty-years-ago-many-economists-argued-that-inflation-was-a-kind-of/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar…](https://sms4smile.com/quotes/martin-feldstein/even-if-the-dollar-does-decline-during-the-coming-months-the-delays/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [First, I think the science of monetary economics has clearly gotten better.](https://sms4smile.com/quotes/martin-feldstein/first-i-think-the-science-of-monetary-economics-has-clearly-gotten/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more…](https://sms4smile.com/quotes/martin-feldstein/but-because-we-in-the-united-states-finance-our-current-account/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [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…](https://sms4smile.com/quotes/martin-feldstein/to-finance-this-trade-deficit-the-u-s-has-to-borrow-from-the-rest-of/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [We are particularly poor at the open economy issues.](https://sms4smile.com/quotes/martin-feldstein/we-are-particularly-poor-at-the-open-economy-issues/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [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…](https://sms4smile.com/quotes/martin-feldstein/but-then-in-april-of-1985-the-dollar-began-a-sharp-decline-the-dollar/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain…](https://sms4smile.com/quotes/martin-feldstein/we-pay-some-price-when-necessary-to-bring-down-inflation-but-that/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to…](https://sms4smile.com/quotes/martin-feldstein/a-rise-in-the-level-of-saving-can-reduce-aggregate-activity/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": 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