It would be fair to say the world has never had it so good.
More Quotes from Raghuram Rajan:
As a result, the oil price-induced imbalances are likely to be with us for some time.Raghuram Rajan
The U.S. and China are running on processes which in the long run are unsustainable. Oil prices are proving an increasing strain on growth.
Raghuram Rajan
There are times in the life of nations when they feel confident that they can take on the world, that they are capable of meeting any challenge. One reason such a mind-set is important is that it creates an intolerance for laziness, for shoddy products, for open corruption, and for the usual excuses. When people have a strong conviction that they can achieve the possibilities of the future, it makes them less tolerant of impediments in their way to it.
Raghuram Rajan
Oil and other commodity prices are going to have some effect over time.
Raghuram Rajan
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