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Letter "M" » Morris Goldstein Quotes
«Eventually outside pressure will pick up if there has been no significant movement in the rate. The Chinese are only doing the minimum to convey the impression that progress is being made. It's been small potatoes so far.»
«The Chinese currency is not the answer by itself to America's current account problem, but it is part of the answer.»
«Their job is to convince the Chinese that patience [on the yuan] is not infinite.»
«I am glad to argue that the most likely (reason if there is such a crisis) is an overlapping and greater-than-expected growth slowdown in China and the United States.»
«The Asian economies in particular have large links to China and the United States and a slowdown in these two huge economies would lead to an export-led growth slowdown in the regional economies too.»
«What they do is to make a judgment, all things considered, whether it is in the U.S. interests to name.»

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