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James Glassman Quotes

«This is a view of the economy as we knew it; the world has changed a bit (since then). It's highly likely the Fed will pause for a while.»
«The report is moderate -- it is not terrible. There is nothing wrong with the economy. What it confirms is that the economy is not out of control.»
«It'll end up being a pretty significant hit. It's easy to forget that these natural disasters destroy wealth. ... You can't make that up.»
«These long-run worries, there's an element of truth to them, but I think frankly the fears are exaggerated.»
«Inflation springs from how intensely resources are used. There is an enormous amount of unused capacity sitting out there, and it takes a lot of growth to absorb that.»
«Skeptics will point to other waves of innovations in the past, but things are happening at lightning speed here. Two years ago no one knew what 'dot com' was.»
«The toys are there. Everyone has access to the same technology.»
«Usually economists are figuring things out after the fact, especially the Fed chairman.»
«When the economy recovers, the last place you are going to see it is in the job numbers.»
«There is a way they come to a conclusion, and it is your job to not constantly be picking fights with it,»

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