Durables Quotes
- Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was… — Martin Feldstein
- As a general rule, durable-goods production tends to be the most volatile sector of the economy. Since people usually have a stock of durables in… — Virginia Postrel
- In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in… — Dale T. Mortensen