Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more.
Martin FeldsteinAbout author
- Author's profession: Economist
- Nationality: american
- Born: November 25, 1939
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As far as sacred Scripture is concerned, however much froward men try to gnaw at it, nevertheless it clearly is crammed with thoughts that could not be humanly conceived. Let each of the prophets be looked into: none will be found who does not far exceed human measure. Consequently, those for whom prophetic doctrine is tasteless ought to be thought of as lacking taste buds.
John Calvin