Peter Costello Quotes

I want to state unequivocally for the world, as well as for the markets, as well as for the American people: I have no doubt that we will not lose the full faith and credit of the United States.

I think you can look at the British economy with confidence.

Money can never circulate freely and actively unless there be absolute confidence in its value.

The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.

If we don't get a grip on government spending, there will be no growth.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

When you're the president of the United States and you know that the biggest issue facing you is this cliff that we're about ready to head over if we don't get this spending and debt situation under control, it's very irresponsible not to take the action that is necessary to fix the problem.

Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence.

Interest rates are used to achieve overall economic stability.

I am not wrong in the belief that its public funds are more secure than those of all the European powers.

Not even a superpower can hold onto its economic sovereignty if it fails to get its fiscal house in order, and no one needs a well-regulated international economic order more than the United States.

Here in Australia we do get impacted by global economic events. But we should have some confidence that our economy has got strong underlying fundamentals.

It is better to implement reforms in times of economic strength.

Growth is good for this society as long as it doesn't pass the point of tripping off inflation.

No great nation that ever went off the gold standard ever remained great.

What is prudence in the conduct of every private family, can scarcely be folly in that of a great kingdom.

The economy is the start and end of everything. You can't have successful education reform or any other reform if you don't have a strong economy.

Countries themselves need to do everything possible to remain in the euro zone.

As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation.

Making economic policy isn't a popularity contest, especially when financial markets are in a panic.

Sound public finances are not the enemy of sustained growth - they are its precondition.

Beijing is trying to split the baby between simultaneously liberalizing the economy and maintaining economic stability, but those two factors are increasingly mutually exclusive.

We have to build further on the collaboration with business and labor to restore confidence and prevent an investment downgrade.