Famous Quotes from ...

Paul Kasriel

  • In most periods throughout history, households were net suppliers of money to the economy, ... Today, by a record amount, they are net borrowers from the rest of the economy.... Paul Kasriel {view}
  • You can compare it to a corporation that issues stock and bonds and uses the money not for plant and equipment, but to throw a party for the employees.... Paul Kasriel {view}
  • All that's happening when I buy stock is that my money supply goes down, while the seller's money supply goes up,... Paul Kasriel {view}
  • OPEC doesn't suffer from money illusion. It decided they want an honest dollar for an honest barrel of oil.... Paul Kasriel {view}