Quotes About Inflation

As Mises wrote in 1919, "one can say without exaggeration that inflation is an indispensable means of militarism. Without it, the repercussions of war on welfare become obvious much more quickly and penetratingly; war weariness would set in much earlier.

It is humiliating to have to appear like an empty tube which is simply inflated by a mind.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

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.

After the Great War broke out in Europe there began the rise in the prices of commodities that was to be expected. It was as easy to foresee that as to foresee war inflation.

A chief reason for an unrealistic price rise, inflation, poor employment generation & economic recession is 'Right Person in Wrong Position' leading to implementation of ineffective policy & defective strategy and thereby imperilling the GDP (Growth, Development & Progress) of the nation.

Everyone does the adjustment to counteract the effects of an inflation, but the only difference is that the BUSINESSMEN do it by hiking their product and/or services prices to stay within their profit level whereas the majority of the SALARIED-CLASS PEOPLE do it by reducing their expenses to stay within their income level; so the inflation largely affects the latter than the former group of people.

Privatization of PSU entity is a curse to humanity as it eventually leads to the unbridled growth of unrest, unemployment rate, inflation and social evils like poverty & depravity in the society.

How high can bitcoin go? The real question is how low can the dollar go?

It is human nature that when you see something work well, you do more of it. If, in its ceaseless quest for revenue, government sees a seemingly harmless method of raising funds without causing much inflation, it will grab on to it.

The cost of living has gone up another dollar a quart.

Those who inflate themselves are cursed When pricked by a small pin to burst.

If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.

To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.

Inflation is taxation without legislation.

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.

Inflation is the one form of taxation that can be imposed without legislation.

The central predictions of the quantity theory are that, in the long run, money growth should be neutral in its effects on the growth rate of production and should affect the inflation rate on a one-for-one basis.

As 'Austrian' business cycle theory has pointed out, any bank credit inflation sets up conditions for boom-and-bust; there is no need for prices actually to rise.

Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters.

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.

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.

Well, the chairman of Federal Reserve just made his move to rescue Barack Obama. We're gonna have QE3. We're gonna print some more money.

Do you ever see a man who struts around altogether too large to notice an ordinary working mechanic? Do you think he is great? He is nothing but a puffed-up balloon, held down by his big feet. There is no greatness there.