Martin Feldstein Quotes

An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.

- Martin Feldstein

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Increase | Relative | Price | Products | Wage |

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We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation. - Martin Feldstein

The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product. - Martin Feldstein