Lacy Hunt Quotes

When you have a large debt buildup and a lot of excess capacity, that's not corrected very quickly.

- Lacy Hunt

Tags

Large | Debt | Buildup | Excess | Capacity |

comments powered by Disqus

Random

The economy's not doing well, so it's appropriate to do what you can. But the notion that deficit spending is a panacea is greatly over-advertised. - Lacy Hunt

When [consumers] shift their income stream from purchases to saving, it slows GDP, and that's a long-term process... I think interest rates are going to remain very low for a couple of years. - Lacy Hunt