Borrowing Quote by Lawrence Summers
“As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.”
About This Quote
Source Speech: Economic Outlook, Lawrence Summers, 2023
Strong fundamentals support a stable currency and manageable borrowing costs.
In simple terms: Good fundamentals keep the dollar and borrowing costs stable.
Maintain solid economic foundations.
Themes
Mood
Type
When to use this quote
- government budgeting
- corporate finance
- personal investing
- debt management
Key Concepts
Questions to Reflect On
- How can policymakers strengthen fundamentals?
- What risks could undermine current stability?
If fundamentals weaken, the dollar and borrowing costs may deteriorate.