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Quotes & Sayings About Inflation

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Top Inflation Quotes

Inflation Quotes By Murray Rothbard

The drum-fire of propaganda that the Fed is manning the ramparts against the menace of inflation brought about by others is nothing less than a deceptive shell game. The culprit solely responsible for inflation, the Federal Reserve, is continually engaged in raising a hue-and-cry about 'inflation,' for which virtually everyone else in society seems to be responsible. What we are seeing is the old ploy by the robber who starts shouting 'Stop, thief!' and runs down the street pointing ahead at others. — Murray Rothbard

Inflation Quotes By Anonymous

If the interest rate the country pays on its debt is higher than the growth of nominal GDP (that's real GDP plus inflation) that debt ratio automatically goes up - unless the government runs a surplus in the budget excluding interest. Conversely, when the interest rate a country pays on its debt is below its growth rate, the ratio automatically drops, unless there's a deficit in the budget, excluding interest. The latter scenario - having interest rates below the growth rate - is like having the wind at your back. And that's the situation Spain, Ireland and Portugal should all be in this year. Italy is close. — Anonymous

Inflation Quotes By Frank Bruni

Despite all the challenges facing higher education in America, from mounting student debt to grade inflation and erratic standards, our system is rightly the world's envy, and not just because our most revered universities remain on the cutting edge of research and attract talent from around the globe. We also have a plenitude and variety of settings for learning that are unrivaled. In light of that, the process of applying to college should and could be about ecstatically rummaging through those possibilities and feeling energized, even elated, by them. But for too many students, it's not, and financial constraints aren't the only reason. Failures of boldness and imagination by both students and parents bear some blame. The information is all out there. You just have to look. — Frank Bruni

Inflation Quotes By Barry Ritholtz

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission ... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it ... — Barry Ritholtz

Inflation Quotes By Rick Perlstein

The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term. — Rick Perlstein

Inflation Quotes By Jeffrey D. Sachs

The United States is absolutely ripe for a rise in gasoline taxes. The nominal gasoline excise tax rate has been fixed at 18.4 cents per gallon since 1994.29 Inflation alone has reduced the real value of that tax per gallon by around 30 percent. As with other federal tax rates, the U.S. excise tax rate on gasoline is extremely low by international comparison. We might conservatively assume that by 2015 an extra 0.5 percent of GDP could be collected by some combination of a higher gasoline excise tax and modest carbon levies on other fossil fuels (such as on coal at the utilities). Other — Jeffrey D. Sachs

Inflation Quotes By Akbar Hashemi Rafsanjani

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. — Akbar Hashemi Rafsanjani

Inflation Quotes By Thomas Jefferson

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. — Thomas Jefferson

Inflation Quotes By Adi Godrej

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down. — Adi Godrej

Inflation Quotes By Ben Bernanke

After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid major changes in the inflation rate in either direction. — Ben Bernanke

Inflation Quotes By Charlie Munger

I think democracies are prone to inflation because politicians will naturally spend [excessively] - they have the power to print money and will use money to get votes. If you look at inflation under the Roman Empire, with absolute rulers, they had much greater inflation, so we don't set the record. It happens over the long-term under any form of government. — Charlie Munger

Inflation Quotes By Jeane Kirkpatrick

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. — Jeane Kirkpatrick

Inflation Quotes By Murray Rothbard

If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy. — Murray Rothbard

Inflation Quotes By David Llewellyn

Penny for your thoughts,' asked Gwen.
'Cheapskate,' said Ianto. 'Never heard of inflation? Thoughts are a bit pricier than that these days.'
'OK,' said Gwen. 'A pint down the local tomorrow for your thoughts.'
Ianto smiled. 'That's more like it. — David Llewellyn

Inflation Quotes By Lawrence Reed

Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past. — Lawrence Reed

Inflation Quotes By Barack Obama

What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation. — Barack Obama

Inflation Quotes By Margaret Thatcher

The lesson is clear. Inflation devalues us all. — Margaret Thatcher

Inflation Quotes By T. Colin Campbell

Costs have so consistently outpaced inflation that we now spend one out of every seven dollars the economy produces on health care — T. Colin Campbell

Inflation Quotes By Ludwig Von Mises

Inflation is essentially antidemocratic. — Ludwig Von Mises

Inflation Quotes By B.C. Forbes

Inflationary trends are under way. Wage increases, through strikes or threatened strikes, are rampant. Government expenditures are ballooning ominously. Hoarding has contributed unconscionably to price-boosting. The Government should institute measures calculated to arrest inflation. America's commitments are already so mountainous, international and domestic, that the pruning knife should be applied. You and I, all American taxpayers, don't possess limitless resources-our pockets are not bottomless. Curb inflation at every turn! — B.C. Forbes

Inflation Quotes By Toshihiko Fukui

During the past two decades, inflation has fallen to a low level in major industrial countries. — Toshihiko Fukui

Inflation Quotes By Ha-Joon Chang

There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better. — Ha-Joon Chang

Inflation Quotes By Victor Borge

I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year. — Victor Borge

Inflation Quotes By Christopher K. Abts

Things change, not only in one's life but also in the economy
and on the political scene, and it pays to be aware. Is the foundation
of your financial house secure, with an income that is
guaranteed? Have you built solid walls, investing appropriately,
and keeping inflation at bay? Are you living under a reliable
roof, with assets positioned to grow? Is your house insulated
and sturdy, safe from any economic storm? — Christopher K. Abts

Inflation Quotes By James Laver

When women take off their corsets and heighten their skirts it always means high inflation and low morals. — James Laver

Inflation Quotes By Ludwig Von Mises

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

Inflation Quotes By Trevor Nunn

Soundbite and slogan, strapline and headline, at every turn we meet hyperbole. The soaring inflation of the English language is more urgently in need of control than the economic variety. — Trevor Nunn

Inflation Quotes By Ernest Hemingway,

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. — Ernest Hemingway,

Inflation Quotes By Ron Paul

In the American political lexicon, 'change' always means more of the same: more government, more looting of Americans, more inflation, more police-state measures, more unnecessary war, and more centralization of power. — Ron Paul

Inflation Quotes By Richard M. Nixon

Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation. Once again, prudence dictates a more gradual increase in the wage rate, so that the economy can more easily absorb the impact. — Richard M. Nixon

Inflation Quotes By Matt Ridley

Because it is a monopoly, government brings inefficiency and stagnation to most things it runs; government agencies pursue the inflation of their budgets rather than the service of their customers; pressure groups form an unholy alliance with agencies to extract more money from taxpayers for their members. Yet despite all this, most clever people still call for government to run more things and assume that if it did so, it would somehow be more perfect, more selfless, next time. — Matt Ridley

Inflation Quotes By Lloyd Blankfein

You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement after a 25-year career ... So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised. — Lloyd Blankfein

Inflation Quotes By Kin Hubbard

Only one fellow in ten thousand understands the currency question, and we meet him every day. — Kin Hubbard

Inflation Quotes By Will Rogers

Invest in inflation. It is the only thing going up. — Will Rogers

Inflation Quotes By Leslie Cockburn

There are a lot of people missing in Iraq. Just the other day I heard of somebody asking $250,000 ransom for an Egyptian. Can you imagine? An Egyptian. That's inflation. This war," he said, leaning closer to her, "is all about money. — Leslie Cockburn

Inflation Quotes By Ron Paul

We need to get the government out of the way. Inflation hits the middle class and the poor the most. Those are the people who are losing it. We don't have enough competition. There's a doctor monopoly out there. We need alternative health care freely available to the people. They ought to be able to make their own choices and not controlled by the FDA preventing them to use some of the medications. — Ron Paul

Inflation Quotes By Ronald Reagan

People who think a tax boost will cure inflation are the same ones who believe another drink will cure a hangover. — Ronald Reagan

Inflation Quotes By Mary Johnson

We have some concerns if student financial aid is not keeping pace, and college costs continue to outstrip inflation. — Mary Johnson

Inflation Quotes By Mark Twain

My financial views are of the most decided character, but they are not likely, perhaps, to increase my popularity with the advocates of inflation. I do not insist upon the special supremacy of rag money or hard money. The great fundamental principle of my life is to take any kind I can get. — Mark Twain

Inflation Quotes By Thomas Piketty

For individuals whose only capital is a small balance in a checking account, the return is negative, because such balances yield no interest and are eaten away by inflation. Savings accounts often yield little more than the inflation rate. — Thomas Piketty

Inflation Quotes By Robert Higgs

Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of taxation. — Robert Higgs

Inflation Quotes By Janet Yellen

Models used to describe and predict inflation commonly distinguish between changes in food and energy prices - which enter into total inflation - and movements in the prices of other goods and services - that is, core inflation. — Janet Yellen

Inflation Quotes By Shimon Peres

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. — Shimon Peres

Inflation Quotes By Jose Serrano

Salaries haven't kept up with inflation, and there is such anger coming out of Washington about immigrants that I think it has curtailed the ability of local folks here to hire immigrants, .. I really believe it starts from the top, and the policy continues to be one of ignoring people at the bottom, cutting taxes for those on the top and spending a lot of money for a war built on lies. — Jose Serrano

Inflation Quotes By William E. Rees

To prefer paper to gold is to prefer high risk to lower risk, instability to stability, inflation to steady long term values, a system of very low grade performance to a system of higher, though not perfect performance. — William E. Rees

Inflation Quotes By Marc Faber

Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed. — Marc Faber

Inflation Quotes By John McCain

The cable industry has risen to new heights in their apparent willingness and ability to gouge the American consumer. Cable rates [have] increased an unbelievable five-and-a-half times faster than inflation. — John McCain

Inflation Quotes By Henry Hazlitt

all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself is merely a form, and a particularly vicious form, of taxation. Having — Henry Hazlitt

Inflation Quotes By Janet Yellen

Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices and harm business planning. — Janet Yellen

Inflation Quotes By Noam Chomsky

The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment ... the European Central Bank has only the first. It has no commitment to keep employment up. — Noam Chomsky

Inflation Quotes By Paul Ormerod

Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible. — Paul Ormerod

Inflation Quotes By Aung San Suu Kyi

Because of rampant inflation, living standards have been dropping for the great majority of the population. The people are poorer because standards of health and education have fallen. And conditions in the rural areas are worse off than they have ever been. So, you cannot equate the so-called open-market economy adopted by the SLORC with any real development that benefits people. — Aung San Suu Kyi

Inflation Quotes By Donald E. Westlake

However, inflation and unemployment have affected the shopping centers at least as much as the rest of the economy, so that here and there among the brave enticements stood a storefront dark, silent, its windows black, its forehead nameless, its prospects bleak. The survivors seemed to beam the more brightly in their efforts to distract attention from their fallen comrades, but Dortmunder could see them. Dortmunder and a failed enterprise could always recognize one another. — Donald E. Westlake

Inflation Quotes By Suze Orman

For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk. — Suze Orman

Inflation Quotes By John Kenneth Galbraith

No politician can praise unemployment or inflation, and there is no way of combining high employment with stable prices that does not involve some control of income and prices. Otherwise the struggle for more consumption and more income to sustain it-a struggle that modern corporations, modern unions and modern democracy all facilitate and encourage-will drive up prices. Only heavy unemployment will then temper this upward thrust. Not many wish to confront the truth that the modern economy gives a choice only between inflation, unemployment, or controls. — John Kenneth Galbraith

Inflation Quotes By Rick Majerus

They talk about the economy this year. Hey, my hairline is in recession, my waistline is in inflation. Altogether, I'm in a depression. — Rick Majerus

Inflation Quotes By Tim Harford

Synthetic Worlds is a surprisingly profound book about the social, political, and economic issues arising from the emergence of vast multiplayer games on the Internet. What Castronova has realized is that these games, where players contribute considerable labor in exchange for things they value, are not merely like real economies, they are real economies, displaying inflation, fraud, Chinese sweatshops, and some surprising in-game innovations. — Tim Harford

Inflation Quotes By Peter Schiff

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles. — Peter Schiff

Inflation Quotes By Michio Kaku

Inflation is continuous and eternal, with big bangs happening all the time, with universes sprouting from other universes. In this picture, universes can "bud" off into other universes, creating a "multiverse." In this theory, spontaneous breaking may occur anywhere within our universe, allowing an entire universe to bud off our universe. It also means that our own universe might have budded from a previous universe. In the chaotic inflationary model, the multiverse is eternal, even if individual universes are not. Some universes may have a very large Omega, in which case they immediately vanish into a big crunch after their big bang. Some universes only have a tiny Omega and expand forever. Eventually, the multiverse becomes dominated by those universes that inflate by a huge amount.
In retrospect, the idea of parallel universes is forced upon us. — Michio Kaku

Inflation Quotes By Henry Cabot Lodge

The Federal Reserve Act as it stands seems to me to open the way to a vast inflation of the currency. I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency. — Henry Cabot Lodge

Inflation Quotes By Warren Buffett

The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislature. The inflation tax has a fantastic ability to simply consume capital. It makes no difference to a widow with her saving in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation, or pays no income taxes during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leave her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 120 percent income tax, but doesn't seem to notice that 5 percent inflation is the economic equivalent. — Warren Buffett

Inflation Quotes By Michael Burry

In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value. — Michael Burry

Inflation Quotes By Calvin Coolidge

Inflation is repudiation. — Calvin Coolidge

Inflation Quotes By Michael Hudson

When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income. — Michael Hudson

Inflation Quotes By Henry Hazlitt

Here we shall have to say simply that all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself is merely a form, and a particularly vicious form, of taxation. — Henry Hazlitt

Inflation Quotes By Robert Kiyosaki

People concerned about inflation today tend to buy big houses and nice cars. — Robert Kiyosaki

Inflation Quotes By Thomas Sowell

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all. — Thomas Sowell

Inflation Quotes By Tim Bishop

Foreign trade clearly has been a reason why inflation has been low. — Tim Bishop

Inflation Quotes By Tatyana Golikova

It is very important to have a correct socio-economic development forecast and plan, in which inflation being a vital investment factor should be the key indicator — Tatyana Golikova

Inflation Quotes By Joe Walsh

Mass inflation, welfare line, gross economy, trade it all for what's behind curtain number three. — Joe Walsh

Inflation Quotes By Friedrich August Von Hayek

If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most of those who will retire at the end of the century will be dependent on the charity of the younger generation. And ultimately not morals but the fact that the young supply the police and the army will decide the issue: concentration camps for the aged unable to maintain themselves are likely to be the fate of an old generation whose income is entirely dependent on coercing the young. — Friedrich August Von Hayek

Inflation Quotes By Ray Dalio

What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. — Ray Dalio

Inflation Quotes By Ludwig Von Mises

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism . — Ludwig Von Mises

Inflation Quotes By Kevin Brady

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have. — Kevin Brady

Inflation Quotes By Jonathan Peterson

At a rate of 3 percent inflation, the buying power of unprotected income plunges by half over a 20-year period. — Jonathan Peterson

Inflation Quotes By Henry Hazlitt

More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else-or from themselves. Increased handouts to selected groups mean merely increased taxes, or increased deficits and increased inflation. — Henry Hazlitt

Inflation Quotes By Blaise Pascal

The mind must not be forced; artificial and constrained manners fill it with foolish presumption, through unnatural elevation and vain and ridiculous inflation, instead of solid and
vigorous nutriment. — Blaise Pascal

Inflation Quotes By Coreen T. Sol

A tax dollar paid today is far more expensive than one paid in future dollars. With inflation, money becomes less valuable over time because of the cost of goods increases. — Coreen T. Sol

Inflation Quotes By Steve Hanke

Following Greece's defeat at the hands of Turkey in 1897, Greece's fiscal house was entrusted to a Control Commission. During the 20th century, the drachma was one of the world's worst currencies. It recorded the world's sixth highest hyperinflation. In October 1944, Greece's monthly inflation rate hit 13,800%. — Steve Hanke

Inflation Quotes By Doug Casey

The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans. — Doug Casey

Inflation Quotes By Ray Dalio

There are two main drivers of asset class returns - inflation and growth. — Ray Dalio

Inflation Quotes By Alan Greenspan

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating. — Alan Greenspan

Inflation Quotes By Margaret Thatcher

Inflation is the parent of unemployment and the unseen robber of those who have saved. — Margaret Thatcher

Inflation Quotes By Anonymous

Adjusted for inflation, the median income is now less than it was when President Obama took office, and less than it was when President Bush took office before him. — Anonymous

Inflation Quotes By William J. Clinton

I think the country could be spared a lot of agony and the government could worry about inflation and a lot of other problems if [Nixon would] go on and resign. [There is] no question that an admission of making false statements to government officials and interfering with the FBI and the CIA is an impeachable offense. — William J. Clinton

Inflation Quotes By Ian McEwan

As in Northern Ireland, children, shoppers, ordinary working men were all suitable targets. Bombs in department stores and pubs would have even more impact in the context of the widely anticipated social breakdown brought on by industrial decline, high unemployment, rising inflation and an energy crisis. — Ian McEwan

Inflation Quotes By Hans Koning

For all the gold and silver stolen and shipped to Spain did not make the Spanish people richer. It gave their kings an edge in the balance of power for a time, a chance to hire more mercenary soldiers for their wars. They ended up losing those wars anyway, and all that was left was a deadly inflation, a starving population, the rich richer, the poor poorer, and a ruined peasant class — Hans Koning

Inflation Quotes By Milton Friedman

Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation."
"The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation. — Milton Friedman

Inflation Quotes By Hans-Hermann Hoppe

With a [democratic] government anyone in principle can become a member of the ruling class or even the supreme power. The distinction between the rulers and the ruled as well as the class consciousness of the ruled become blurred. The illusion even arises that the distinction no longer exists: that with a public government no one is ruled by anyone, but everyone instead rules himself. Accordingly, public resistance against government power is systematically weakened. While exploitation and expropriation before might have appeared plainly oppressive and evil to the public, they seem much less so, mankind being what it is, once anyone may freely enter the ranks of those who are at the receiving end. Consequently, [exploitation will increase], whether openly in the form of higher taxes or discretely as increased governmental money "creation" (inflation) or legislative regulation. — Hans-Hermann Hoppe

Inflation Quotes By Ron Paul

The most sinister of all taxes is the inflation tax and it is the most regressive. It hits the poor and the middle class. When you destroy a currency by creating money out of thin air to pay the bills, the value of the dollar goes down, and people get hit with a higher cost of living. It's the middle class that's being wiped out. It is most evil of all taxes. — Ron Paul

Inflation Quotes By Milton Friedman

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression. — Milton Friedman

Inflation Quotes By Malcolm Forbes

Things there are no solution to: Inflation, bureaucracy & dandruff. — Malcolm Forbes

Inflation Quotes By Elizabeth Hardwick

In the long run wives are to be paid in a peculiar coin - consideration for their feelings. As it usually turns out this is an enormous, unthinkable inflation few men will remit, or if they will, only with a sense of being overcharged. — Elizabeth Hardwick

Inflation Quotes By Tim Bishop

Inflation outstripped real wages for people who work for pay from others. — Tim Bishop

Inflation Quotes By Robert Rubin

A strong currency means that American consumers and businesses can buy imported goods and services more cheaply and that inflation and interest rates will be lower, ... It also puts pressure on American industry to increase productivity and competitiveness. These benefits can feed on themselves as foreign capital flows in more readily because of greater confidence in our currency. A weak dollar would have the contrary effects. — Robert Rubin

Inflation Quotes By Henry Hazlitt

Once the idea is accepted that money is something whose supply is determined simply by the printing press, it becomes impossible for the politicians in power to resist the constant demands for further inflation. — Henry Hazlitt

Inflation Quotes By Jacques Rueff

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

Inflation Quotes By William Vickrey

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level. — William Vickrey

Inflation Quotes By Henry Hazlitt

If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences. — Henry Hazlitt

Inflation Quotes By Nicolas Maduro

Similar questions were posed to Allende as to me. Allende was told that he blamed everything on a conspiracy, on the economic crisis, that he blamed the high inflation that sabotaged him on the United States, and that he was frequently accusing the little lambs of Nixon and Kissinger of a coup. But everything became known later. — Nicolas Maduro