There's a risk to someone assuming this hero-type status because then there's the temptation you're going to lean toward believing him no matter what says -- and that's potentially dangerous.
More Quotes from James Padinha:
When people report that consumer confidence and business confidence are down, those things have less to do with the fundamental state of the economy than with this kind of funk, this uncertainty, this uneasy feeling. So anything the government does to say, 'Look, we understand, try this remedy' -- I'm all for anything like that.James Padinha
It's generally the case that if you push through tax cuts, over time, it will stimulate activity and as growth accelerates, you'll start to get revenue increases back.
James Padinha
This is a continuation of a trend that's already been in place. We don't have a huge inflation problem, but it seems to me that people don't give enough weight to the possibility something like that is brewing.
James Padinha
I couldn't believe it -- first time in 10 years they did the right thing. Obviously, I think it's perfect.
James Padinha
I would characterize the current situation as a mix between price stability and the potential for slightly annoying inflation numbers going forward.
James Padinha
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