Speech

The U.S. economy, globalization, and inflation measurement (with brief references to brawls, beer, and bikinis)

Abstract: Remarks before the Australian Business Economists, Sydney, Australia, November 14, 2007. ; Our job has been made more complicated by globalization--the freer flow of goods, services, money, ideas and people across national borders. Its present incarnation owes a great deal to the revolution in information technology. Faster, cheaper and better communications are breaking down barriers to international business and knitting the world's economies closer together faster than Skippy could outsmart a pack of hungry dingoes.\"

Keywords: Globalization; Inflation (Finance); Monetary policy; economic conditions - United States; Global financial crisis;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Speeches and Essays

Publication Date: 2007

Number: 36