InspiringQuotes

Joseph Stiglitz Quotes:

Ocupation: Economist

Life: b. February 9, 1943

Birthday: February 9

The recovery of the banks is what happens when you reduce competition, lend money to them at zero interest rates, allow them to gamble. That particular style of restoration actually inhibits the economic recovery.

- Joseph Stiglitz

source: Interview with Amitabh Pal, www.sharedhost.progressive.org. May 27, 2011.

topic: Zero, Recovery, Competition, Economic Recovery

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