Warren Bailey Quotes

You want to grow as fast as possible, but when you do that the ups and downs are huge. If the government contracts the economy in advance in a mild way, that makes those ups and downs less onerous, and spares us a lot more pain down the road. That's why they're raising rates.

- Warren Bailey

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Grow | Fast | Downs | Huge | Government |

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Ten or 15 years ago the IMF and the World Bank were out there making little loans here and there, but they weren't out saving the world. They've been unfairly criticized of doing a bad job. - Warren Bailey

You want to grow as fast as possible, but when you do that the ups and downs are huge. If the government contracts the economy in advance in a mild way, that makes those ups and downs less onerous, and spares us a lot more pain down the road. That's why they're raising rates. - Warren Bailey