Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.
To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy.
We must not let the panicky Wall Street wheeler-dealers and the Trump-hating establishment state media talk us into a recession. We must keep the focus on the real economy, not the fake economy.
Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.
The future of a Nation will be shaped by its ability to produce planes, cars, electronics ... not by how slick its financial markets can shuffle paper assets around.
Fiscal crises often turn into financial crises, dealing a blow to the real economy.
The City of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who produce real goods in charge – the farmers and the miners.
When we think of the state of the economy, we are not thinking in terms of money flow. We are thinking in terms of the effect on everyday lives of people.
I have nothing against investment banking, but it's like massaging money rather than creating money. If you're in physics, you create inventions, you create lasers, you create transistors, computers, GPS.
Ultimately, your economy has to be measured in the real eyes of real people, not simply in statistics that appear in newspapers about the unemployment rate and so forth.
The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).
Inflation is lower and more stable and the real business cycle fluctuations are more modest.
It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.
Banks should contribute to the real economy, make a positive contribution to economic growth.
A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.
The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.
The best and most sustainable love story for markets is one based on a healthy and dynamic real economy that creates jobs and opportunities for many more people.
Until you separate the speculative behaviour of the financial sector from the real economy and the financing of the real economy, then we are not going to see the kind of stability or the capacity to drive genuine, income-led growth as opposed to debt-fuelled, speculative behaviour.
The thing about a real economy is that it actually is like the game of Monopoly in the sense that when one person has all the money, the game is over. And in a game of Monopoly, of course, that's quite charming, but in a real economy, it's much more problematic.
Our goal is to make finance the servant, not the master, of the real economy.
Political reactions from Wall Street, whether they [are] right of wrong, could eventually influence the real economy.
Climate protection creates sustainability and jobs in the real economy - in construction, in the production of heavy machinery and in systems engineering.
We have to change our culture so you can create wealth from making things and don't just try to make money out of money.
It is production that creates purchasing power, not the printing press!
