Lawrence Summers Quotes

There has not been a time in the last century where there has been so much misunderstanding of the US and so much misunderstanding by the US of the world.

- Lawrence Summers

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Time | Century | Misunderstanding | World |

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As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine. - Lawrence Summers

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles. - Lawrence Summers

The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year. - Lawrence Summers