41 Quotes by Jay Bryson

When that happens, the dollar will begin to depreciate.

The deficit's probably going to get bigger in the near term.

We should see a big increase in oil imports and, given the overall robust demand in the U.S., we are also going to see higher non-oil imports. Over the next few quarters, the deficit is going to get bigger.

The real surprise is the strength in exports. These sharp increases in computer-related exports corroborate recent U.S. industrial-production data that show marked strength in high-tech industries.

The only thing that the Fed can do to correct the current- account imbalance is to slow the U.S. economy. If you are adding up reasons for why the Fed will keep on tightening, the current-account deficit is on that list.

Assuming the spark does not happen, it can go on much longer, ... Nobody wants it to stop. We don't want to contemplate sharply higher rates and prices. The Japanese and Chinese don't want to contemplate it either.

European governments have a card they could play in the current crisis: token assistance in the rebuilding of Iraq, which would largely stick the United States and the United Kingdom with the entire tab.

Sooner or later, foreigners will stop financing the deficit. But at this point they show no signs of slowing down. If there were trade barriers that caused Americans to buy significantly less imports, production here would go up a little, but the thing that would take the brunt of the reduction is that our spending would go down as prices went up. We would have less of everything.

People tend to look at core to get a look at overall strength and weakness of the economy,