The GDP doesn't take into consideration loss of wealth, ... It's affected by jobs and productivity.
More Quotes from Anthony Chan:
We're still far from deflation, but not far from a deceleration in inflation, and that's why policy makers have to remain vigilant,Anthony Chan
These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging.
Anthony Chan
We've seen a sea change in the way the financial markets and economy watchers are looking at the world, ... For many months, people thought the economy was so strong and robust, they could ignore these head winds.
Anthony Chan
Even when people thought the economy would collapse because of the hurricane, it didn't.
Anthony Chan
I think the core rate will be slower now than six to nine months ago. Business is not passing along all its additional costs.
Anthony Chan
When the economy is creating 200,000 new jobs a month, we can tolerate 65 to 70 a barrel oil. It masks the impact on consumer confidence.
Anthony Chan
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Vengeance is not the point; change is. But the trouble is that in most people's minds the thought of victory and the thought of punishing the enemy coincide.
Barbara Deming
So far we have not convinced the Chinese authorities. My own brother was refused a visa on what was probably my last chance of seeing him when he was going around the world on a tour. Scott Nearing was similarly refused.
Anna Louise Strong