Quotation by

Martin Feldstein

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.

Martin Feldstein

Business

Understanding this quote AI Analysis

If people start saving more money suddenly, it can slow down overall economic activity for a short time. However, if high saving continues over a long period, it allows businesses to invest more, which helps the economy grow steadily in the long run.

More by this author

All quotes by Martin Feldstein →

More quotes about Business

See all →

Of course this is Vegas and it is the melting pot for all over the world, but people from all over the world know Donny and Marie. It is amazing. I have been in the business a long time to realize ca…

Our competition for American business is no longer in the next county or the next state, it's around the world.

McSweeney's as a publishing company is built on a business model that only works when we sell physical books. So we try to put a lot of effort into the design and production of the book-as-object.

A belief in God is vitally important, not just in show business, but stability in life. You know, to recognize deity is the most important thing that you can do. I mean, it comes to the Ten Commandme…

To me, the print business model is so simple, where readers pay a dollar for all the content within, and that supports the enterprise.

It's a lot of work to keep reinventing yourself and coming up with new stuff, but that's what it takes to be in show business.