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"We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation."
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"Of mankind we may say in general they are fickle, hypocritical, and greedy of gain."
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Personal Development
"Skillful pilots gain their reputation from storms and tempest."
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Personal Development
"I could never gain much weight. I've always had a fast metabolism."
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Personal Development
"On the ordinary view of each species having been independently created, we gain no scientific explanation."
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Personal Development
"But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago."
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Personal Development
"I certainly believe that we gain through open trade and liberalisation."
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Personal Development
"Our farmers round, well pleased with constant gain, Like other farmers, flourish and complain."
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Personal Development
"While I do not hesitate to applaud certain aspects of the resolution honoring the sacrifices of our courageous soldiers who are risking their lives in Iraq, I cannot be supportive of capitalizing on these very sacrifices for political gain."
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Personal Development
"Now I understand what was happening. I don't particularly gain water; I don't have water retention."
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"What makes something special is not just what you have to gain, but what you feel there is to lose."
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"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries."
Finance
"Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit."
Change
"Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."
Government
"The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar."
Home
"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."
Policy
"And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets."
Science
"Inflation is lower and more stable and the real business cycle fluctuations are more modest."
Business
"We are particularly poor at the open economy issues."
Economy
"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."
Ability
"A second reason why science cannot replace judgement is the behavior of financial markets."
Science
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