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Janet Yellen Quotes: Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.
         

Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.


Janet Yellen
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Other quotes of Janet Yellen


Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don't have a monopoly on the truth.

Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don't have a monopoly on the truth.



I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans have traditionally placed on equality of opportunity.

I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans have traditionally placed on equality of opportunity.



In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.



Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices, and staffing.

Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices, and staffing.



If it were possible to take interest rates into negative territory I would be voting for that.

If it were possible to take interest rates into negative territory I would be voting for that.



To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.

To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.



It slightly worries me that when people find a problem, they rush to judgment of what to do.

It slightly worries me that when people find a problem, they rush to judgment of what to do.



The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.

The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.



Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.

Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.



Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.





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The reason a lot of people can’t find happiness is because they don’t look for it. They allow themselves to be stuck in the same situations. Sometimes happiness comes with the courage to break free.




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In the soft light of morning, the sky outside turning light blue, my answer is always and still: “I’m fine.



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Quote Description


This page presents the quote "Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.". Author of this quote is Janet Yellen. This quote is about short term, painful, disruptive, productivity, sides, growth,.