If higher unemployment is the price we have to pay in order to bring inflation down, then it is a price worth paying.
Norman LamontWhat is the right exchange rate at one point is not necessarily the right exchange rate at another.
Norman LamontIf higher unemployment is the price we have to pay in order to bring inflation down, then it is a price worth paying.
Norman LamontWhat is the right exchange rate at one point is not necessarily the right exchange rate at another.
Norman Lamont