Political Quotes

On the recordJuly 17, 2013
I think the suggestion has been that conventional understanding of the transmission mechanism of the increase in household net worth to consumer spending would suggest a very modest increase to GDP.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey discusses the modest impact of quantitative easing on GDP.

Share

More from Pat Toomey

Aug 1, 2022

The fact is, across America, every month Americans are falling further and further behind because of President Biden's out-of-control inflation.

congress.gov
Dec 13, 2022

Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.

congress.gov
Dec 13, 2022

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.

congress.gov

Other voices in this conversation