Jerome Powell Quotes

Economic cooperation makes the American people and others around the world more prosperous and secure.

I am in favor of helping the prosperity of all countries because, when we are all prosperous, the trade of each becomes more valuable to the other.

In the long run, no nation can prosper unless the world prospers.

Trade brings freedom and well-being for all.

President Obama and I recognize the importance of strong economic engagement for the continued growth of both the Philippines and the United States.

The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view.

As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deliver great benefits to the United States.

The increase of riches and commerce and commerce in any one nation, instead of hurting, commonly promotes the riches and commerce of all its neighbors.

It is enlightened selfishness to build up the ability of other nations to a higher standard of living. We thus produce wider markets for ourselves as well as the rest of the world

Globalism began as a vision of a world with free trade, shared prosperity, and open borders. These are good, even noble things to aim for.

So the American economy needs the world, and the world needs the American economy.

The U.S. and China need to take steps - mostly individually, sometimes together - that will have the mutually beneficial effect of supporting and sustaining economic growth.

Development and prosperity of the world cannot happen without the simultaneous development of India and China.

We have benefited greatly from the globalization of the economy in the last 30 years.

Because I come from a place like Jamaica, which is a small, open economy, I viscerally get the importance of the global economy.

Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.

China's own recent history proves that when it opens itself, there is nothing its people cannot accomplish. A more open China will lead to a more prosperous and stable China. That's good for China, the United States and, indeed, the entire world.

Globalization has very materially improved the standard of living in the Unitied States... as it has for those countries that have chosen to operate with free trade…. Although none of us likes our competitors, competition has greatly improved our standard of living.

We are only 5 percent of the world's population and 20 percent of the world's economy. We have to be able to trade in order to grow.

There is a direct connection that cannot be severed between the diplomatic process and growth and prosperity.

I should be pleased to see all the nations on the earth prosperous and happy and rich, for it would furnish to me the best evidence of the prosperity of my native land.

I believe that we will benefit more by globalisation.

We should keep on going along the path of globalization. Globalization is good... when trade stops, war comes.

When our economy grows, it is good for the world. When the world economy grows, it is good for the United States.

All our wealth and all our export power has also come by the fact that other nations were willing to see us. This is very important.