A Quote by Subramanian Swamy

The interest rate because of Mr. Raghuram Rajan has been too high, and so medium and small industries have all collapsed. This has led to increased unemployment.

Subramanian Swamy

Quote Topics

Because Been Collapsed High Increased Industries Interest Interest Rate Led Medium Rate Small Too Unemployment

Quote Author

Subramanian Swamy
Indian - Politician
Born: September 15, 1939

I believe Raghuram Rajan's patriotism is no less than any of ours. As much as I know Raghuram Rajan, whatever post he holds, wherever he is, he is someone who will continue to serve the country.

Narendra Modi

Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change.

Mohnish Pabrai

It is a fact that, if I single out Germany, our rate of growth is too low and we have very high unemployment.

Angela Merkel

The black unemployment rate has to be twice that of the white rate in the US. If the national unemployment rate were 6.8 percent, everyone would be freaking out. We ought to not take too much solace in the 6.8 percent, but ask ourselves what can we do to bring that down to white rates, which are below 4 percent now. Some of that has to do with education, but that's just part of the story. You find that those unemployment differentials persist across every education level. I think it means pushing back on discrimination and helping people who can't find work get into the job market.

Jared Bernstein

Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.

John Hull

let's not borrow trouble. The rate of interest is too high.

Lucy Maud Montgomery

The 1930s had been a time of tremendous economic distress. And the unemployment rate was enormously high by any historic standard.

William O'Neill

When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only an intermediary instrument.

Milton Friedman

It's very hard to be cut off in Glasgow because it's such a small city. You know, we have the highest rate of per-capita imprisonment, certainly in Britain, maybe in Europe. We have a very high murder rate here. So most people will know someone who's been to prison.

Denise Mina

There will not be an automatic increase in interest rate when unemployment hits 6.5%.

Ben Bernanke

In Michigan, in the mid-'80s, the unemployment rate goes way up because a lot of factories shut down. And then, the mid-2000s, to pick a date, the unemployment rate in Michigan isn't that much higher than in the rest of the country. But the main way that happened is people moved.

Austan Goolsbee

I can't possibly predict precisely what the unemployment rate will be at the end of one year. I can tell you that over a period of four years, by virtue of the policies that we'd put in place, we'd get the unemployment rate down to 6%, and perhaps a little lower.

Mitt Romney

To reduce repossessions caused by unemployment, Gordon Brown needs to look at cutting the rate of corporation tax for small companies to 20 per cent and the main rate to 25 per cent, while reducing the rate of employers' national insurance by 1% for the smallest companies.

Grant Shapps

I'm not interested in, you know, turning the clock back or pointing fingers, but I am interested in trying to figure out how we come together to chart a better way forward and one that will restore confidence in, you know, small and medium-size businesses and consumers and begin to chip away at the unemployment rate.

Hillary Clinton

In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment.

Paul Ormerod

Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.

Paul Krugman

A Quote by Subramanian Swamy

Quote Topics

Quote Author

Related Quotes

Related Authors