A Quote by Lawrence Summers

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

Lawrence Summers

Quote Topics

Borrowing Costs Dollar Fine Fundamentals Just Keep Long Our Strong Will

Quote Author

Lawrence Summers
American - Economist
Born: November 30, 1954

The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar.

Martin Feldstein

A strong dollar reflects a strong country and a strong economy, and we need to make sure that we get the - stop the practice of devaluing the dollar.

Tim Pawlenty

We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.

David Dreman

Weaker currencies abroad mean a strong dollar, and a stronger dollar, together with a weak global environment, is a drag on the U.S. economy. So it's important, as it affects overall levels of production and employment in the U.S. There are many domestic industries doing well in the United States, notwithstanding a strong dollar.

Ben Bernanke

We believe that our truly urgent need is to make our nation secure, our economy strong and our dollar sound. For every American this matter of the sound dollar is crucial. Without a sound dollar, every American family would face a renewal of inflation, an ever-increasing cost of living, the withering away of savings and life insurance policies.

Dwight D. Eisenhower

Keep America strong. Strong in our values, strong in our economy, and strong in our military might. We hope to never have to use our military strength, but the world counts on a strong America to keep the worst actors from doing the worst things.

Mitt Romney

I will maintain the position that, long-term, a strong and dependable dollar is in the best interests of the United States while recognizing that, at times over the long-term, that may not be the case.

Steve Mnuchin

Fundamentals, fundamentals, fundamentals. You’ve got to get the fundamentals down because otherwise the fancy stuff isn’t going to work.

Randy Pausch

We started in our living room on a card table in our living room, and we have a multi-million dollar company and we know it can be done without borrowing a dime. It takes a while to get it started and to turn the wheel over, but the next time it's easier and the next few hundred times, it's easier than that. Have a budget where you reinvest a percentage of every dollar you earn to grow it.

Dave Ramsey

I don't want to see the dollar strong because the rest of the world is crumbling. I would like to see the dollar strong because the Fed has said it wants it to be strong in the future.

David Malpass

Most companies can survive even if their debt ratings are lowered below investment grade, although they will have higher borrowing costs.

Alex Berenson

I've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.

P. J. O'Rourke

Those who value a strong safety net for our neediest citizens see that every extra dollar spent on these unions is a dollar that cannot go to help the sick, the elderly, and the vulnerable.

Bruce Rauner

If we enjoy the benefits of peace, it is only because we have an excellent armed force and a fine socialist economy. Let us exert all efforts so that our further development may be strong and mighty, so that our numerous enemies may think well and long before they decide to attack our fatherland, and so that if they attack, they will quickly regret it.

Kliment Voroshilov

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.

Martin Feldstein

At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.