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Martin Feldstein Aggregate Quotations

Martin Feldstein Quotes about:

Activity Quotes

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
Asset Quotes

We do not understand the links between asset prices, monetary policy, and aggregate demand. We do not understand speculative markets adequately.

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