Quotes About Inflation

Deflation is defined as a general decline in prices, with emphasis on the word 'general.'

The prices of all imports would rise if the dollar depreciates.

We must keep prices under control to ensure that price increases do not exert a major negative impact on people's lives.

Higher asset prices increase wealth and, with a lag, induce higher spending.

Yes, prices go up in health care. They have been doing so for 80 straight years.

Tariffs would mean prices going up, and customers don't want higher prices.

Increases in output generally lead to lower prices, not higher prices.

We will do all we can to try and keep prices from going up.

The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.

When the government runs out of lenders, it can do something that households are forbidden to do: print money.

Printing money - is it really the answer? ... If we just print a million dollars for every man, woman, and child in the country and handed it to them, won't that fix everything? Because in order to really look at printing - I like to take everything to the extreme.

Keynes eliminated economic theory's ancient role as spoilsport for inflationist and statist schemes, leading a new generation of economists on to academic power and to political pelf and privilege.

Production is the only answer to inflation.

Along with the rise of inequality, the slowdown in productivity growth, and the shrinking of the middle class, the spiraling cost of living has become a central facet of American economic life.

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.

Entitlements seem to grow with prosperity; not only because they are indexed to inflation or GDP, but also because a prosperous country tells itself it can afford more benefits.

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.

My friends' thirty dollars wouldn't go far with gas at thirty-six cents a gallon.

Marriage, like money, is still with us and, like money, progressively devalued.

In 1980, the cost of an average American wedding, adjusted for inflation, was $11,000, a princely sum in most parts of the world even today. But by 2014, that figure had escalated to $30,000, and in Manhattan the average wedding now costs more than $76,000.1

unlike economists, the general public believed in a wage lag hypothesis: the idea that wage increases would forever lag behind price increases, and therefore that inflation had a direct and long-term negative impact on living standards. In short, the wage-price spiral offered a geometrical mental image of one's economic status spiraling down for as long as strong aggressive demands of labor kept it happening.

Have you ever seen the inner tube of a bicycle tire?" "Of course." "When it is fully inflated, it can easily take you to your destination. But if there are leaks in it, the tube eventually deflates, and your journey comes to an abrupt end. This is also how the mind works. Worry causes your precious mental energy and potential

During one ghastly period in 1779, the continental dollar shed half its value in three weeks.

And, just as with inflation, as described in the last chapter, our observable universe is at the threshold of expanding faster than the speed of light.