Karl Lagerfeld Quotes

The United States has the world's largest and most innovative economy, an unmatched rule of law, and a free market that is the envy of the international community. For investors, we are the reserve currency.

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

Is Wall Street the rightful master of our economic fate? Or should we choose a broader form of sovereignty?

The United States is going to be a rich country, it is going to be prosperous, but it is not going to be able to take the lead in the next phase of global economic development.

Emerging markets are hugely important.

Europe will be the most important economic power in the world.

The OECD should promote everything that's consistent with its mandate, which is to make the world economy work better.

If the Asian financial crisis had the impact of accelerating China's rise, the transatlantic financial crisis has had the effect of accelerating Germany's rise.

In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed.

China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.

The global realignment is accelerating the migration of growth and wealth dynamics from the industrial world to the larger emerging economies.

The stability of global financial markets is a public good. If governments fail to protect this public good, then those who suffer are the working people of the world whose jobs, whose homes, and whose standard of living depends on it.

With impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system.

The markets are much more interested in America's long-term trajectory than they are in feeling that there is an acute short-term crisis.

To paraphrase Winston Churchill, I did not take the oath I have just taken with the intention of presiding over the dissolution of the world's strongest economy.

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.

You always want to try to make something new, and, of course, America is the world leader in economics today.

There is not an alternative to the US as the engine for growth.

In order to address world economic imbalances, countries around the world should make joint efforts to adjust their economic structure.

You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.

The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar.

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Roaming the world as a foreign correspondent for more than a decade, I was able to observe how a variety of vastly different nations organized themselves economically. The inescapable conclusion was that no politician anywhere on the planet has ever actually created a rupee's worth of prosperity.

If the United States does well [economically], then the whole world does well.