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Lawrence Summers Quotes: Deflation and secular stagnation are the risks of our time.
         

Deflation and secular stagnation are the risks of our time.


Lawrence Summers
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"Lawrence Summers Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/Deflation-and-secular-stagnation-are-the-risks-809048>.





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Other quotes of Lawrence Summers


It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.

It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.



Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.



The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.



Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.

Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.



In the history of the world, no one has ever washed a rented car.

In the history of the world, no one has ever washed a rented car.



All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?



A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.

A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.



The availability of private insurance provides tremendous insulation for millions of individuals

The availability of private insurance provides tremendous insulation for millions of individuals



Most investors want to do today what they should have done yesterday.

Most investors want to do today what they should have done yesterday.



The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.

The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.





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Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.

Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.



In examinations the foolish ask questions that the wise cannot answer.

In examinations the foolish ask questions that the wise cannot answer.



God is great not just because nothing is too big for Him. God is great because nothing is too small for Him, either.

God is great not just because nothing is too big for Him. God is great because nothing is too small for Him, either.



A man cannot understand hunger, until he has swum in the depths of hunger

A man cannot understand hunger, until he has swum in the depths of hunger



I'm a romantic, and we romantics are more sensitive to the way people feel. We love more, and we hurt more. When we're hurt, we hurt for a long time.

I'm a romantic, and we romantics are more sensitive to the way people feel. We love more, and we hurt more. When we're hurt, we hurt for a long time.



It's a natural thing for a child to lose a parent. I lost my mom too young but it happened. And I'm happy she's out of pain, 'cause I love her and she's my friend.

It's a natural thing for a child to lose a parent. I lost my mom too young but it happened. And I'm happy she's out of pain, 'cause I love her and she's my friend.



The beggar wears all colors fearing none.

The beggar wears all colors fearing none.



Life offers you a thousand chances... all you have to do is take one.

Life offers you a thousand chances... all you have to do is take one.



Librarians are not just gatekeepers to knowledge, they are what the American Indians used to call their special sages who preserved the oral legends of a tribe: dream keepers.

Librarians are not just gatekeepers to knowledge, they are what the American Indians used to call their special sages who preserved the oral legends of a tribe: dream keepers.



Man is that guy ripped. I mean, I've got the washboard stomach, too. It's just that mine has about two months of laundry on top of it.

Man is that guy ripped. I mean, I've got the washboard stomach, too. It's just that mine has about two months of laundry on top of it.




Quote Description


This page presents the quote "Deflation and secular stagnation are the risks of our time.". Author of this quote is Lawrence Summers. This quote is about our time, inspiring, economic, secular, risk, stagnation, deflation,.