Quotes & Sayings About Inflation Economics

A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation. — Ludwig Von Mises

It is not the poverty of individuals and the community, not indebtedness to foreign nations, not the unfavourableness of the conditions of production, that force up the rate of exchange, but inflation. — Ludwig Von Mises

Ho. What's so surprising? Asach aahe. It is what it is. Bambai is a bitter pill. Take large gulps of water and swallow it, or its bitterness will quickly begin to sphraidd in your mouth, making it impossible for you to gulp it down," said Laxmi. — Aditya Kripalani

Inflation is the senility of democracies. — Sylvia Townsend Warner

The collapse of an inflation policy carried to its extreme
as in the United States in 1781 and in France in 1796
does not destroy the monetary system, but only the credit money or fiat money of the State that has overestimated the effectiveness of its own policy. The collapse emancipates commerce from etatism and establishes metallic money again. — Ludwig Von Mises

Bond awoke in his own room at dawn and for a time he lay and stroked his memories. — Ian Fleming

But it must be observed that as the depreciation of money proceeds, the demand for money (i.e. for the kind of money in question) gradually begins to fall. When loss of wealth is suffered in proportion to the length of time money is kept on hand, endeavours are made to reduce cash holdings as much as possible. N ow if every individual, even if his circumstances are otherwise unchanged, no longer wishes to maintain his cash holding at the same level as before the beginning of the inflation, the demand for money in the whole community, which can only be the sum of the individuals' demands, decreases too. There is also the additional fact that as commerce gradually-begins to use foreign money and actual gold in place of notes, individuals begin to hold part of their reserves in foreign money and in gold and no longer in notes. — Ludwig Von Mises

I was raised as a tomboy with boys, and I never really feel like myself when I am really dolled up at premieres and showbiz events. — Isla Fisher

Labor is sacrificed on the inflation rates altar of oblation. — Richard Gwynn

My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation. — Robert C. Merton

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano. — Henry Hazlitt

However spontaneous I hope a photograph will look, I always put a lot of thought into how I can make it happen. The very best pictures are the most relaxed, so a lot of fussing around technically can completely break the spell, and everyone freezes up with nerves. — Mario Testino

This was the argument put forward during the War when the expenditure on the army and navy had to be met; and this was the argument put forward in Germany and Austria after the War when a part of the population had to be provided with cheap food, the losses on the operation of the railways and other public undertakings met, and reparations payments made. The assistance of inflation is invoked whenever a government is unwilling to increase taxation or unable to raise a loan; that is the truth of the matter. — Ludwig Von Mises

When the value of money is increased, then those are enriched who at the time possess credit money or claims to credit money. Their enrichment must be paid for by debtors, among them the State (i.e., the tax-payers). Yet those who are enriched by the increase in the value of money are not the same as those who were injured by the depreciation of money in the course of the inflation; and those who must bear the cost of the policy of raising the value of money are not the same as those who benefited by its depreciation. To carry out a deflationary policy is not to do away with the consequences of inflation. You cannot make good an old breach of the law by committing a new one. — Ludwig Von Mises

I am not against a little inflation. — Manny Shinwell, Baron Shinwell

Inflation consists of subsidizing expenditures that give no returns with money that does not exist. — Jacques Rueff

Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy. — Ludwig Von Mises

We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation. — Herbert Hoover

The Pleading of the Summer - That other Prank - of Snow - That Cushions Mystery with Tulle, For fear the Squirrels - know. — Emily Dickinson

I'm always keeping an eye out for a period piece. I was trained in theatre, so most of the things we did were classical - Shakespeare, Moliere, and Chekhov. — Dagmara Dominczyk

A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon the financial and general economic consequences of that policy. Thus inflation becomes the most important psychological resource of any economic policy whose consequences have to be concealed; and so in this sense it can be called an instrument of unpopular, i.e. of anti-democratic, policy, since by misleading public opinion it makes possible the continued existence of a system of government that would have no hope of the consent of the people if the circumstances were clearly laid before them. That is the political function of inflation. It explains why inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism. — Ludwig Von Mises

Where the currency depreciation is a result of government inflation carried out by the issue of notes, it is possible to avert its disastrous effect on economic calculation by conducting all bookkeeping in a stable money instead. But so far as the depreciation is a depreciation of gold, the world money, there is no such easy way out. — Ludwig Von Mises

The single biggest issue that I'm very sensitive to is inflation. I'm very concerned that this extended period where the interest rates were quite low and stimulated a lot of activity could breed inflation and create a problem for us. — Sam Zell

Translation is the circulatory system of the world's literatures — Susan Sontag

For the same reason a disease cannot be cured by more of the germ that caused it, the inflation and debt accumulation of the Obama years will not inflate our way out of it. — Ron Paul

We cannot hope to achieve full employment and sustain it until we have mastered inflation. — Denis Healey

Inflation is like toothpaste. Once it's out, you can hardly get it back in again. — Karl Otto Pohl

The Robert Mugabe school of economics provides a salutary warning about uncontrolled monetary expansion in generating hyper-inflation. The road to Harare is not as long as we might hope. — Vince Cable

I never listen to music when I write. — Augusten Burroughs

Although being economics editor sounds impressive, it does not mean I actually edit anything. It mainly reflects two decades of title-inflation at the BBC, which has given ever more status to senior reporters, presumably because it is cheaper to do that than to offer higher pay. — Evan Davis

Nothing so weakens a government as inflation. — John Kenneth Galbraith

Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult. — Ludwig Von Mises

[U]nemployment is ... a side effect of the cure for inflation. — Milton Friedman

Inflation takes from the ignorant and gives to the well informed. — Venita VanCaspel