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Customer Quote by 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 from reduced inflation.” quote by Martin Feldstein
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“We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.”

Martin Feldstein

About This Quote

Source Speech: Economic Policy Remarks, 2005

Temporarily higher costs can curb inflation, yielding lasting economic stability.

In simple terms: Short‑term pain for long‑term gain.

Key Takeaway

Accept short‑term sacrifices for lasting stability.

Themes

economics inflation policy trade‑offs

Mood

cautious pragmatic

Type

policy economic

When to use this quote

  • budget planning
  • business pricing
  • government spending
  • personal finance

Key Concepts

macroeconomics monetary policy fiscal discipline

Questions to Reflect On

  • How do you balance short‑term pain with long‑term benefit?
  • What costs are acceptable to achieve price stability?
A Different Perspective

If inflation falls, the temporary cost may still be politically unpopular.

2.8 out of 5 (10 ratings)

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