13 Quotes by David Dodge

Some modest further increase in the policy interest rate would be required to keep aggregate supply and demand in balance and inflation on target.

Recently, problems have arisen from countries not playing by the rules of the game. Certain Asian economies have been stifling the inflationary effects of their interventions and, in the process, building up massive amounts of foreign reserves.

Such a slowdown in growth, in turn, raises the risk that policy-makers might resort to protectionism. In that event, a period of very slow growth could, perhaps, be punctuated by periods of outright recession.

While there is no question that the sponsor is responsible for any deficit in the plan, it is not at all clear that the sponsor benefits from any surplus that may be generated.

We do see a need for some depreciation of the U.S. dollar over time, but that's to correct the global imbalances that are out there,

There's still considerable monetary stimulus in the economy.

These changes, whatever changes may take place, have a one-year effect.

This e-mail is either a perpetration by a very ignorant person or its a hoax, but whatever it is its absolutely wrong,

for all residual risks to the pension plan ? both outcomes that lead to deficits and outcomes that lead to surpluses.