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. 
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Grow | Fast | Downs | Huge | Government |
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There are a lot of people struggling, thinking that they need to do this and be involved in the new economy, and they have no idea what they are doing. That's all par for the course, and part of the normal process of any capitalist-driven economy. It's unfortunate, but it's reality -- shake out those that can't from those that can.
- Warren Bailey
There are a lot of reasons why, looking further out, a broadened base for the U.S. dollar would be positive. It would be good for the U.S. because it will make those countries more prosperous, more responsible, more stable. At the same time it does make us more responsible for them, which is a pretty big task to take on.
- Warren Bailey