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Letter "P" » Paul Kasriel Quotes
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«I think it's still too soon to say this is a sign that fundamental inflationary pressures are cooling off just yet. And I think commodities are due for another leg up -- this has been a correction in a still more fundamental longer-term trend up.»
Author: Paul Kasriel
«It's not a popular thing to say, but my suspicion is that it is upper income groups who tend to invest, and it's really investment that leads to stronger future growth, not consumption. If the tax code were skewed more in favor of middle-income groups, it's not clear to me that we would have a positive long-run impact on the economy.»
Author: Paul Kasriel
«If none of us will allow our currencies to appreciate against the others, ... then they'll all depreciate against something else. Gold, copper, oil.»
Author: Paul Kasriel
«Nothing seems to be going quite right. We're not seeing mass defections. The weather has been bad. Frustrations are starting to build that this might be going into a less antiseptic phase.»
Author: Paul Kasriel
«The Fed isn't eager to cut rates anymore. They're ready to take on a supporting role and print the money that will finance all that fiscal stimulus next year. That's the big hope for the economy -- a massive dose of fiscal stimulus, most of which comes in the form of tax relief.»
Author: Paul Kasriel
«If people start losing their jobs, ... it's going to be hard for them to keep current on all that debt.»
Author: Paul Kasriel
«Now, of course, a lot of it ... was in auto sales and production is probably going to flatten out in the months ahead.»
Author: Paul Kasriel
«We had an economy in the first quarter that was very strong in terms of demand. Manufacturers were working very hard to meet that demand. The Fed is going to have to raise interest rates some more.»
Author: Paul Kasriel
«We could see corporations building up their inventories toward the end of 1999 for fear they won't be able to get goods in. They'll borrow to do that, and that will put upward pressure on interest rates as well.»
Author: Paul Kasriel
«Things are improving overseas,»
Author: Paul Kasriel
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