Clyde Prestowitz Quotes

The special role of the dollar as the world's money removes all financial discipline from the United States and enables currency manipulation by other countries. This is the key Titanic-like flaw in the current system. It cannot last.

- Clyde Prestowitz

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Special | Role | Dollar | Money | Removes |

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Inflation is just not a problem in this economy. - Clyde Prestowitz

They don't seem to be able politically to take the steps that are necessary to get their economy stabilized. In fact, it's not even clear that they entirely recognize the danger that the falling yen poses to the rest of Asia and in fact the rest of the world economy. - Clyde Prestowitz

I think that this is a case where the U.S. leaders involved are calculating the behind-the-scenes discussion, ... Pressure on Turkey is more likely to produce the desired result than a public bashing. - Clyde Prestowitz