Norman Lamont Quotes
The politician's prayer is: May my words be ever soft and low, for I may have to eat them.
If higher unemployment is the price we have to pay in order to bring inflation down, then it is a price worth paying.
Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.
What is the right exchange rate at one point is not necessarily the right exchange rate at another.
