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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."
Standard
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"Skillful pilots gain their reputation from storms and tempest."
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Personal Development

"I don't think I gain anything by seeing myself."
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Personal Development

"To appreciate the noble is a gain which can never be torn from us."
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Personal Development

"Destroying rainforest for economic gain is like burning a Renaissance painting to cook a meal."
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Personal Development

"Redistricting is a deeply political process, with incumbents actively seeking to minimize the risk to themselves (via bipartisan gerrymanders) or to gain additional seats for their party (via partisan gerrymanders)."
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Personal Development

"The mandate you go with is intimidating and also is a source of respect that you gain, because you have come with this mandate from the United Nations."
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Personal Development

"Everyone in a complex system has a slightly different interpretation. The more interpretations we gather, the easier it becomes to gain a sense of the whole."
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Personal Development

"Do not gain basely; base gain is equal to ruin."
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Personal Development

"To gain what is worth having, it may be necessary to lose everything else."
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Personal Development

"Between each album I try to gain a new insight that I didn't have before and perhaps write a song about something that I've written about before, but from a fresh viewpoint."
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"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

"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth."
Experience

"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

"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."
Business

"We are particularly poor at the open economy issues."
Economy

"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."
Finance

"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

"The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product."
Power

"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."
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