“We dont want people shooting Bambi on our property.”
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“We estimate that 1.8 million barrels per day of consumption must be squeezed out next year through the impacts of higher prices.”
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“About 42 percent of the growth in global demand is coming from China, where there is virtually no price sensitivity to demand. Theres a huge relationship to income growth there, but a very uncertain relationship to price at all.”
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“I think everybody is frustrated by the inability of the current system to insure more people in the United States, and I think states are under incredible fiscal pressure to lower their (health care) costs in whatever way they can.”
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“If there was an easy solution that was politically and financially viable, theyd have done it by now.”
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“When you juxtapose that with the apparent insensitivity of the demand curve, then what happens is that even though its a relatively small reduction in supply, you need huge price increases to rein in demand.”
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“Part of what drew us here is the wildlife. Every night we see deer, bears, turkeys and coyotes. Its like living on the Serengeti.”
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“The Fed Challenge is a great way for students to learn about monetary economics outside of a classroom.”
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“Well get there on the back of rising oil prices.”
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