” I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And – if it insists, it can worry about inflation. “
” If you’re afraid of inflation, I think – and if you can bring yourself to have a long horizon – and when I say long, I mean ten to 20 years, not the usual ten to 20 weeks – that locking up resources in the ground is a terrific idea. “
” Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes. “
” Think how weird profit margins are: We’ve got high unemployment and financial crises – and world record profit margins. People think the American market is very cheap. We don’t. The market quite incorrectly gives full credit to today’s earnings. “
All 4 Jeremy Grantham Quotes about Think in picture
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