Inflation may be dying but it's hardly dead and buried. The world's problems are starting to infect the U.S. and that's what's going to keep the Fed on hold.
More Quotes from Lawrence Lindsey:
In the run-up to 9,000, you've got to put most of the credit -- or some might say blame -- on monetary policy.Lawrence Lindsey
The economic circumstances have changed, ... Fox News Sunday.
Lawrence Lindsey
Because of what's happening in Asia, we are unlikely to see an acceleration of inflation,
Lawrence Lindsey
The budget surplus is 5.6 trillion. Two and a half trillion of that is put aside for Social Security and paying down the national debt, ... That leaves 3.1 trillion in surplus. That's after we've taken care of all existing spending. We're only asking that half of that, 1.6 trillion out of the 3.1 trillion, be used for tax cuts.
Lawrence Lindsey
I think the third quarter's going to be better than the second quarter. I think the fourth quarter will be better than the third, and next year, when the monetary policy kicks in, I think we're going to have sustained, rather robust growth,
Lawrence Lindsey
He's certainly been very supportive of the president's fiscal policy and tax program.
Lawrence Lindsey
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