#rice

After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive. ↗

— Martin Feldstein

#after #brings #buy #competitive #dollar

An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers. ↗

— Martin Feldstein

#america #american #american consumers #asia #attractive

If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth. ↗

— Martin Feldstein

#balanced #becomes #both #competitive #dollar

The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product. ↗

— Martin Feldstein

#cent #consumers #domestic #doubled #gross

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today. ↗

— Martin Feldstein

#argued #cost #economists #high #inconvenience

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

#down #gain #inflation #large #necessary

There's a game called Checkout where there's grocery items and it's how much you think the manufacturer's suggested retail price is and we add up your total, then your total has to be within $2 of the regular total. I don't think I could ever win that game. ↗

— Drew Carey

#called #could #ever #game #grocery

Even if there were no illegal copying, the advent of digital distribution will put a lot of stress on the movie and music industry. When the distribution costs comes down, that puts more price pressure on the rest of the cost. ↗

— Edward Felten

#comes #copying #cost #costs #digital

So, I think even in Saudi Arabia there is movement. And we have to remember that over the years they've stabilized the oil price and that is tremendously important for the economies of the world. I think we have no choice but to work with the government of Saudi Arabia. ↗

— Frank Carlucci

#choice #economies #even #government #i

Americans are also feeling the effects of soaring energy prices at the gas pump. The double burden of these added expenses will be far too much for many families. ↗

— Russ Carnahan

#also #burden #double #effects #energy