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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
Martin Feldstein
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"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries."
— Martin Feldstein #moneywealth

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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. — Martin Feldstein

About Martin Feldstein

Martin Feldstein was a Economist from United States (1939–2019).

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Frequently Asked Questions

Who said "But because we in the United States finance our current account deficit by borr…"?
This quote is attributed to Martin Feldstein, a Economist from United States.
When did Martin Feldstein live?
Martin Feldstein lived from 1939 – 2019.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.