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Paul Krugman Quotes: Debt is one person's liability, but another person's asset.
         

Debt is one person's liability, but another person's asset.


Paul Krugman
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"Paul Krugman Quotes." Quoteslyfe.com, 2024. Fri. 26 Apr. 2024. <https://www.quoteslyfe.com/quote/Debt-is-one-person-s-liability-but-941366>.





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Other quotes of Paul Krugman


Rising inequality isn’t about who has the knowledge; it’s about who has the power.

Rising inequality isn’t about who has the knowledge; it’s about who has the power.



Bad ideas flourish because they are in the interest of powerful groups.

Bad ideas flourish because they are in the interest of powerful groups.



A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble



Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.



So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.



Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.



There are no atheists in foxholes and there are no libertarians in financial crises.

There are no atheists in foxholes and there are no libertarians in financial crises.



We should try to create the society each of us would want if we didn't know in advance who we'd be.

We should try to create the society each of us would want if we didn't know in advance who we'd be.



Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.



If you want to understand opposition to climate action, follow the money.

If you want to understand opposition to climate action, follow the money.





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The past, the present and the future - none of those are set. We know that now. They change as we change.

The past, the present and the future - none of those are set. We know that now. They change as we change.



There is no ceremony, no initiation ritual, no secret hand-shake. All you need to be a writer is to write.

There is no ceremony, no initiation ritual, no secret hand-shake. All you need to be a writer is to write.



Tis by no means the least of life's rules: To let things alone.

Tis by no means the least of life's rules: To let things alone.



It seems to me that there will be a point in out development or our evolution where you put your guns aside.

It seems to me that there will be a point in out development or our evolution where you put your guns aside.



We need to confront the life-killing stereotype that says we're all about suffering. We need to bear witness to our pleasures.

We need to confront the life-killing stereotype that says we're all about suffering. We need to bear witness to our pleasures.



And tell him to paint me a sign, with-no suicides permitted here, and no smloing in the parlor; might as well kill both birds at once.

And tell him to paint me a sign, with-no suicides permitted here, and no smloing in the parlor; might as well kill both birds at once.



I believe that we are here for each other, not against each other. Everything comes from an understanding that you are a gift in my life - whoever you are, whatever our differences.

I believe that we are here for each other, not against each other. Everything comes from an understanding that you are a gift in my life - whoever you are, whatever our differences.



For the most part people are not curious except about themselves.

For the most part people are not curious except about themselves.



[Hillary] Clinton has also struggled with key groups of voters.

[Hillary] Clinton has also struggled with key groups of voters.



Adolescence is a kind of slavery cleverly disguised as freedom.

Adolescence is a kind of slavery cleverly disguised as freedom.




Quote Description


This page presents the quote "Debt is one person's liability, but another person's asset.". Author of this quote is Paul Krugman. This quote is about liability, assets, debt,.