Paul Kasriel Quotes

Well, one could argue that they're in the early process of making that mistake again. Those with some memory would probably rather have the funds rate at 3 percent than 1 percent.

- Paul Kasriel

Tags

Argue | Early | Process | Making | Mistake |

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Oddly enough, corporations are lending to the government sector and to the household sector to finance our spending. That's not really a good mix. What leads to growth for our economy is business investment. - Paul Kasriel

A recession is in the eye of the beholder, and the eye of the NBER, but clearly we're struggling here. We're at stall speed and it's not clear what, in the short term, is going to get the economy's nose up. - Paul Kasriel

The creation of credit by the Fed, just like the scrip printed by a counterfeiter, does not result in the increased supply of energy. - Paul Kasriel