Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
“We have to preserve it and use it sustainably. And the short-term use of resources at the destruction of the long-term heritage of this country is not a policy that we can pursue.”
“Consultants have credibility because they are not dumb enough to work at your company.”