Economic Perception Quotes

Money is the probably the most successful story ever told. It has no objective value... but then you have these master storytellers: the big bankers, the finance ministers... and they come, and they tell a very convincing story.

Economists are evaluated on how intelligent they sound, not on a scientific measure of their knowledge of reality

All money is a matter of belief.

Look, 85% percent of Democrats think the economy's fine. What does that tell you about these people?

Thank God the economy is not as bad as you read in the newspaper every day.

I don't feel under-taxed in any way at all.

Financial markets will tolerate a Republican deficit but will run screaming in panic from a Democratic deficit a fraction its size.

You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem.

When you look at the state of the economy right now, you have to set a priority. And my top priority is the deficit of jobs and economic growth, and especially this perception that the United States could be falling behind especially Asian economies.

At least in the United States, most economic resentment is not directed toward billionaires or high-roller financiers - not even corrupt ones. It's directed at the guy down the hall who got a bigger raise. It's directed at the husband of your wife's sister, because he earns 20 percent more than you do.

I remember being in the Ontario Legislature and the Liberals yelling over at me about the fact that the dollar was rising, and that was bad for business, and didn't I realize that. And I thought, 'What are you talking about?' The value of the currency in part, large part, reflects the world's view of the state of our economy.

There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on Alan Greenspan and the Federal Reserve. And Alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.

Americans reading the paper, listening to the news every single day, and all you hear is things are getting worse and worse. And that has a psychological effect on consumer confidence. That's what consumer confidence is.

I think people think their incomes have been flat lining for a long period of time. They feel that the next generation's opportunities are not going to be improvement. So and I also think that social media then allows insurgent movements to gain scale at speed.

In international trade it’s always the 5 percent of that which works less well that gets most of the attention compared to the 95 percent that is functioning well.

Sometimes the statistics themselves, the means by which we perceive the economic universe, are unreliable.

Comparatively few people know what a million dollars actually is. To the majority it is a gaseous concept, swelling or decreasing as the occasion suggests. In the minds of politicians, perhaps more than anywhere, the notion of a million dollars has this accordion-like ability to expand or contract; if they are disposing of it, the million is a pleasing sum, reflecting warmly upon themselves; if somebody else wants it, it becomes a figure of inordinate size, not to be compassed by the rational mind.

I think a lot of the Trump supporters think that the job situation is not good.

Italy is now a great country to invest in... Today we have fewer communists and those who are still there deny having been one. Another reason to invest in Italy is that we have beautiful secretaries... superb girls.

Celebrities are not necessarily the richest people of all, but on the face of it, they seem to be representative of the very richest people.

Poverty is, except where there is an actual want of food and raiment, a thing much more imaginary than real. The shame of poverty--the shame of being thought poor--it is a great and fatal weakness, though arising in this country, from the fashion of the times themselves.

'Big business' was a bad phrase in India. To be accused of being big business was the worst accusation you could make. All that has gone now. The whole mindset has changed.

The United States is a country where practically everybody considers himself middle class.

Relative to other economies in the world, India has a good feel to it.

I must say that books in India are not only underpriced but are also undervalued.