Martin Feldstein Quotes

When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.

Chances are the movements of the euro as against the dollar will be relatively moderate.

To the extent the dollar gains strength relative to other currencies, assets priced in those other currencies would become cheaper on a dollar basis.

Well, I make a practice of not commenting on the role of the relative exchange value of our currency.

The dollar is currently the principal reserve currency in the world.

But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.

We believe in fair exchange rates and Japan doesn't practice that. They have massive U.S. dollar reserves, and they use them to intervene regularly.

If, when Money is rais'd [inflation or devaluation], Goods keep the Prices they had before. Then all Goods exported are sold for a lesser Value abroad, and all Goods imported are sold dearer.

When the dollar goes down relative to other currencies, the price of wheat, corn, rice and oil all go up in dollar terms.

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.

If exporters are looking at various factors which influence the performance, the fluctuating rupee will certainly be a factor.

There's a tendency for the yen to strengthen because it's rated highly, but I don't think that accurately reflects Japan's economic performance.

If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it.

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

For us in England, the relative value of the pound against the dollar, that has a huge impact on how easy it is to get our films made in the U.K.

You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.

Leaders often associate strong currencies with national strength and thus view declining currencies as insults to their prowess.

All Nations endeavor to get the [foreign] Exchange as much as they can on their side.

It does not mean of course that the pound here in Britain in your pocket has been devalued .

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.

When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in, a freely floating exchange rate rises sharply, wreaking havoc for domestic banks and exporters alike.

Any country whose currency is used as a reserve enjoys tremendous benefits because those currencies gain a significant discount to financing costs.

A stronger dollar increases U.S. dollar purchasing power.

I will always choose the dollar bill carrying a wildly fluctuating discount rather than the dollar bill selling for a quite stable premium.