Arthur F. Burns? Raymond J. Saulnier? Anonymous? Question for Quote Investigator: One criticism of modern economies asserts that consumer goods are being wastefully over-produced and human happiness has become disconnected from the possession of superfluous material objects. These critics contend that individuals and economic architects should concentrate on creating positive and constructive experiences and deemphasize …
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Quote Origin: I Take the Punch Bowl Away Just When the Party is Getting Good
Arthur F. Burns? William McChesney Martin? G. William Miller? Paul A. Volcker? Question for Quote Investigator: The U.S. economy has experienced two large bubbles in recent years in technology stocks and in real estate. These gyrations in the market reminded me of an old comment from a previous director of the Federal Reserve. He said …
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