What is the right exchange rate at one point is not necessarily the right exchange rate at another.

He's a good, brave and honourable soldier.

If higher unemployment is the price we have to pay in order to bring inflation down, then it is a price worth paying.

The politician's prayer is: May my words be ever soft and low, for I may have to eat them.

Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.

What is the right exchange rate at one point is not necessarily the right exchange rate at another.

The green shoots of economic spring are appearing once again.