Caroline Baum Quotes & Sayings

Which brings me to the point: In order to lose momentum, the U.S. economy has to have momentum to begin with. If it had any, I missed it. What we had was a government-prescribed course of amphetamines (to keep it up), antibiotics (to prevent infection) and antidepressants (to make it feel better). It endured regular steroid injections from both monetary and fiscal authorities. And it still has no real muscle. — Caroline Baum

Members of Congress should be compelled to wear uniforms like NASCAR drivers, so we could identify their corporate sponsors. — Caroline Baum

there is a use-by date for everything, a statute of limitations on grief. I wish the custom of wearing a black armband could be reinstated to signal fragility and a need for gentle treatment. We are all in too much of a hurry now to move on, to demonstrate a resilience we may not feel. I long for the unspoken subtleties of the Victorian mourning code with its spectrum of colours from ebony to crimson, indicating various stages of recovery.
Pg 360 — Caroline Baum

It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars. — Caroline Baum