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Horseshift! (with reference to Gordian Knots)

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  • Richard W. Fisher

Abstract

Remarks before the National Association of State Retirement Administrators 59th Annual Conference, Portland, Oregon, August 5, 2013 ; \"I believe American businesses today are, far and away, the most efficient operators in the world. We have countless businesses in every sector of goods and service production that are the equivalents of the Secretariats, Man o'Wars, Citations, Seabiscuits or any great thoroughbred that has ever graced the track. They just need to be let out of the starting gate.\"

Suggested Citation

  • Richard W. Fisher, 2013. "Horseshift! (with reference to Gordian Knots)," Speeches and Essays 134, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:feddsp:134
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    File URL: https://www.dallasfed.org/news/speeches/fisher/2013/fs130805.aspx
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    File URL: http://www.dallasfed.org/assets/documents/news/speeches/fisher/2013/fs130805.pdf
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    Cited by:

    1. Khalid Rashid Alkhater & Syed Abul Basher, 2016. "The oil cycle, the Federal Reserve, and the monetary and exchange rate policies of Qatar," Middle East Development Journal, Taylor & Francis Journals, vol. 8(1), pages 127-155, January.
    2. Buss, Adrian & Breugem, Matthijs & Peress, Joël, 2021. "What do Interest Rates Reveal about the Stock Market? A Noisy Rational Expectations Model of Stock and Bond Markets," CEPR Discussion Papers 15766, Centre for Economic Policy Research.

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