Raghuram Rajan Oil Quotations

Oil and other commodity prices are going to have some effect over time.

Oil is affecting inflation; it is slowly creeping up in the United States and we're seeing rising producer prices,

Oil price increases are thus unlikely to be benign going forward.

As a result, the oil price-induced imbalances are likely to be with us for some time.

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.

Higher oil prices are a clear and present danger.