I think what the Fed fears is that, if Donald Trump gets big tax cuts and big spending increases that take effect right now, when the economy is close to full employment, they will have to raise rates more rapidly.
If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next? - David Wessel
If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next?
- David Wessel
If the government can't get the economy moving again, they have a lot of fundamental problems. - David Wessel
If the government can't get the economy moving again, they have a lot of fundamental problems.
I think what the Fed fears is that, if Donald Trump gets big tax cuts and big spending increases that take effect right now, when the economy is clos… - David Wessel
I think what the Fed fears is that, if Donald Trump gets big tax cuts and big spending increases that take effect right now, when the economy is clos…
Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility. - David Wessel
Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just … - David Wessel
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just …
I think the Chinese are really amateurs when it comes to running markets. - David Wessel
I think the Chinese are really amateurs when it comes to running markets.
I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the govern… - David Wessel
I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the govern…
I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if… - David Wessel
I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if…
The only reason you would want your currency to fall, if you could control it, is in order to get more exports. - David Wessel
The only reason you would want your currency to fall, if you could control it, is in order to get more exports.
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