Paul Krugman Quotes - Page 7

Quotes about:

• When the Fed decides that inflation is too high, they have the tools, and they've shown historically that they have the will, to bring it down. And, it might be painful.

  Paul Krugman

  Tools, Down And, Might

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

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• I really think that people have to think safety; taking risks for higher yield is a bad idea once you're in late or latish middle age.

  Paul Krugman

  Thinking, Yield, Ideas

  "Ask the Author Live: Larissa MacFarquhar with Paul Krugman". Live chat, www.newyorker.com. February 19, 2010.

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• I'm especially baffled by the idea of taking insurance against a U.S. default. If America defaults, we're talking about a chaotic world - Mad Max, more or less - in which case, who imagines that insurance claims will be honored?

  Paul Krugman

  Talking, Ideas, America

  "Ask the Author Live: Larissa MacFarquhar with Paul Krugman". Live chat, www.newyorker.com. February 19, 2010.

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• Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.

  Paul Krugman

  Jobs, Cutting, Creating

  "NBC's Russert Refs Debate Between Bill and Krugman". "The O'Reilly Factor", www.foxnews.com. August 10, 2004.

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• The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.

  Paul Krugman

  Zero, Real, Understanding

  "Nobel Laureate Paul Krugman on the Economy". Live chat, www.washingtonpost.com. December 15, 2008.

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• I think if you're a liberal, you believe that we all are, at least to some extent, our brothers' keepers, you really believe that we have a sumptuary responsibility to make sure that life is decent for everybody in America, that you believe that society out to be broadly shared, and you believe that you can't have a real democracy unless you have a little bit, at least, of economic democracy.

  Paul Krugman

  Brother, Real, Believe

  Source: www.pbs.org

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• Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going to bid up the prices of profitable corporations and stuff like that.

  Paul Krugman

  People, Alternatives, Use

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

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