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Letter "R" » Raghuram Rajan Quotes
«House prices can't increase at the rate in which they have been going over the past few years.»
«If you actually see price declines...you could see even greater effects.»
«In a globally competitive economy, it is very important you insure the individual, you have a safety net for the individual, because they're at serious risk of losing their job and so on.»
«As the US deficit continues to be financed easily, the optimists who think there is nothing to worry about are gaining ground over the pessimists who think an abrupt and costly adjustment is likely. But the optimists have to be right every day while the pessimists need to be right only once.»
«I think it's feasible, very feasible to see 10 percent growth rates. I don't think 10 percent is over-optimistic.»
«India, in its most advanced states, has the kinds of industries that you would see in advanced economies, not in an economy that has tremendous amounts of labor and should do low-skilled stuff.»
«It's in the world's interests that India develop its nuclear power. To the extent that nuclear power has become safer over time, it is in India's interests to use this source.»
«It would be fair to say to the world, 'You have never had it so good. But challenges are building in the background.»
«Oil and other commodity prices are going to have some effect over time.»
«It would be fair to say the world has never had it so good.»