Customer Quote 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 or decreased economic growth.”
About This Quote
Feldstein argues that economic evidence and theory support a shift to a more competitive dollar without triggering higher inflation or slower economic growth.
In simple terms: A weaker dollar need not cause inflation or hurt growth.
Weigh currency policy using evidence, not fear.
Themes
Mood
Type
When to use this quote
- policy debates
- economic forecasting
- currency market analysis
- government decision-making
Key Concepts
Questions to Reflect On
- What conditions would make a weaker dollar beneficial?
- How do currency shifts affect ordinary people?
The claim depends on favorable global conditions and policy credibility. Scholars disagree on the actual effects.