Inflation Quotes
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The nation is prosperpus on the whole, but how much prosperity is there in a hole? (Quote by - Will Rogers)
Law of inflation: whatever goes up will go up some more. (Quote by - Anon)
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.(Quote by - Sam Ewing)
I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.(Quote by - Friedrich August von Hayek)
Inflation is the crabgrass in your savings.(Quote by - Robert Orben)
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.(Quote by - Martin Feldstein)
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. (Quote by - John Maynard Keynes)
If inflation continues, the two-car garage will be replaced by the two-family garage. (Quote by - Anon)
We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America.(Quote by - Barbara Jordan)
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level. (Quote by - William Vickrey)
We don't have a major problem right now in our country, and life is normal. Things like unemployment, which the youth are suffering from, and the rate of inflation - these are chronic conditions and we have to solve them.(Quote by - Akbar Hashemi Rafsanjani)
It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels.(Quote by - Jon Corzine)
Inflation is lower and more stable and the real business cycle fluctuations are more modest.(Quote by - Martin Feldstein)
The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.(Quote by - John Maynard Keynes)
I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter.(Quote by - Jeane Kirkpatrick)
I would say to my colleague that the misery index, inflation and unemployment, when added together is the lowest it has been in the last series of Presidents, even going back to Jimmy Carter. So I think the Bush administration is doing a good job.(Quote by - Cliff Stearns)
Only one fellow in ten thousand understands the currency question, and we meet him every day. (Quote by - Kin Hubbard)
Well, I think the global economy is in the position for continuing good growth with inflation well in check.(Quote by - John W. Snow)
I wasn't affected by inflation -- I had nothing to inflate. (Quote by - Gerald Barzan)
We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.(Quote by - Martin Feldstein)
The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.(Quote by - Karl Rove)
This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.(Quote by - Carroll Quigley)
Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation. (Quote by - Russ Carnahan)
Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation. (Quote by - William Vickrey)
The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.(Quote by - Dixie Lee Ray)
Production is the only answer to inflation.(Quote by - Chester Bowles)
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.(Quote by - John W. Snow)
Inflation is the senility of democracies. (Quote by - Sylvia Townsend Warner)
Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.(Quote by - Robert Orben)
The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.(Quote by - Ron Chernow)
I might say that when the settlement was made the Nixon administration issued what they called a second inflation alert in which the General Motors settlement was branded as being inflationary and bad for the country.(Quote by - Leonard Woodcock)
Inflation outstripped real wages for people who work for pay from others.(Quote by - Tim Bishop)
By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation. (Quote by - Paul A. Volcker)
When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.(Quote by - Paul A. Volcker)
They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.(Quote by - Franklin Raines)
It was the biggest inflation and the most sustained inflation that the United States had ever had.(Quote by - Paul A. Volcker)
The disease is painless; it's the cure that hurts. (Quote by - Katherine Whitehorn)
Inflation is the one form of taxation that can be imposed without legislation.(Quote by - Milton Friedman)
We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is.(Quote by - Shimon Peres)
However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition is rising and will continue to rise as the administration's policies force inflation.(Quote by - Tim Bishop)
You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.(Quote by - Paul A. Volcker)
This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it.(Quote by - Jim Nussle)
If we have wealth, it will be protected from inflation and possibly even enhanced in value.(Quote by - William Greider)
Foreign trade clearly has been a reason why inflation has been low. (Quote by - Tim Bishop)
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.(Quote by - Ernest Hemingway)
Try to save money. Someday it may be valuable again. (Quote by - Anon)
Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed. (Quote by - Paul A. Volcker)
Domestic inflation reflects domestic monetary policy. (Quote by - Martin Feldstein)
Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.(Quote by - Franklin Raines)
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.(Quote by - Martin Feldstein)
I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year.(Quote by - Victor Borge)
When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis.(Quote by - Nick Clooney)
Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.(Quote by - John W. Snow)
During the past two decades, inflation has fallen to a low level in major industrial countries. (Quote by - Toshihiko Fukui)
If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.(Quote by - William Vickrey)
Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.(Quote by - John Conyers)
We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.(Quote by - John W. Snow)
Inflation: Everyone's illusion of wealth. (Quote by - Anon)
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.(Quote by - Vladimir Lenin)
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.(Quote by - Robert Reich)
I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.(Quote by - William E. Simon)
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.(Quote by - Alan Greenspan)
How is the human race going to survive now that the cost of living has gone up two dollars a quart? (Quote by - W. C. Fields)
