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Letter "P" » Paul Kasriel Quotes
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«A bursting of the housing bubble could result in a severe recession.»
Author: Paul Kasriel
«If global investors lose their appetite for dollar assets, you could see a sharp decline in the dollar (and bond prices) and a rise in bond yields.»
Author: 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.»
Author: Paul Kasriel
«There's nothing to suggest that payrolls are going to be particularly weak or strong. That's why the consensus estimate is so close to the average of the past six months.»
Author: Paul Kasriel
«It's almost become a random number.»
Author: Paul Kasriel
«The creation of credit by the Fed, just like the scrip printed by a counterfeiter, does not result in the increased supply of energy.»
Author: Paul Kasriel
«I have a firm belief in the marketplace, ... Every day, every seller, whether it's a seller of gasoline or a seller of services -- an employee --, wants to raise the price of his or her product, but they face competition. If I want a raise, but there's someone else out there willing to do my job for less, then my boss is going to tell me that if I want a raise, get on the elevator.»
Author: Paul Kasriel
«This is different than the 1973 gasoline spike,»
Author: Paul Kasriel
«Businesses will be more inclined to pass through more of their energy cost increases to consumers because they don't view the situation as temporary. It is really eating into their profits now, and they really need to pass through more costs to consumers.»
Author: Paul Kasriel
«You're essentially renting from your bank with an option to buy,»
Author: Paul Kasriel
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