You want to grow as fast as possible, but when you do that...

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 Quote About Advance, Contracts, Downs, Economy, Fast: You Want To Grow As...

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