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Letter "R" » Robert Rubin Quotes
«A strong currency means that American consumers and businesses can buy imported goods and services more cheaply and that inflation and interest rates will be lower, ... It also puts pressure on American industry to increase productivity and competitiveness. These benefits can feed on themselves as foreign capital flows in more readily because of greater confidence in our currency. A weak dollar would have the contrary effects.»
«is not an easy act to follow.»
«help restore economic stability where needed.»
«I believe that, on balance, the (institutions) have made sensible judgments, ... and have adjusted their judgments when appropriate.»
«considerable progress toward a return to stability.»
«Here at home, ... while the most likely scenario remains solid growth and low inflation -- subject to the usual ups and downs -- certain sectors have been impacted by the crisis, some because of increased imports and others because of decreased exports. Moreover, problems in the global economy do constitute a risk to all our overall economic well-being.»
«These concerns are heightened as we reflect on the financial crisis that has affected so many countries around the world over the past two years,»
«There will be normal ups and downs,»
«Obviously, the present atmosphere makes it more difficult, ... It is imperative we get together as quickly as possible.»