It's something we're watching, but not with great concern, ... I think there is room in the world for another major currency and this was one is certainly welcome.
More Quotes from Alice Rivlin:
Indeed, I hope to spend more time and to be more effectively involved in the city than I have been able to be at the Fed,Alice Rivlin
The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.
Alice Rivlin
What he's likely to do is to continue writing and speaking, as he has done to some extent at the Fed, and pursuing his interests in economics, which are very intense, ... He loves working with data and thinking of new ideas about the economy. I suspect we will get some of that, and in some ways, he'll be a little bit freer to speak.
Alice Rivlin
The remarkable thing about the U.S. is that for so long we were so big, and we were not heavily engaged. We have to worry about global financial crises affecting our economy.
Alice Rivlin
The most nervous-making point at the moment is Brazil, ... The international economy rallied around Brazil and hopes very much the Brazilians will be able to fulfill their part of the bargain with the IMF (International Monetary Fund) and keep their economy from going under.
Alice Rivlin
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