Quotes About Inflation

Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.

Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you—either by direct taxes, or by the cruelly indirect tax of inflation.

Inflation is like a moving treadmill. Prices don't stand still — they keep increasing year on year (5.5 per cent per annum over the past 45 years in fact). If you stick your money under the bed, or in a transaction account earning 0.1 per cent interest per annum, then you're doing the equivalent of standing still on that moving treadmill. It's not safe. It's incredibly risky and it will have a devastating impact on your retirement.

The cost of motoring is a massive issue at the moment, there's no question. The price of petrol goes up every time you go to the petrol station.

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.

Le idee sono come le tette, se non sono abbastanza grandi si possono gonfiare.

the universe expanded by a factor of 1,000,000,000,000,000,000,000,000,000,000 in .00000000000000000000000000000000001 second. It was as if a coin 1 centimeter in diameter suddenly blew up to ten million times the width of the Milky Way.

to explain how the early universe

This process is known as inflation, something that was good for the universe in contrast to inflation of prices that too often plagues us.

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.

It is clear that the crusade imposed on its participants extraordinary stresses. In an alien environment they experienced not only the perils of warfare, but also inflation, poverty, starvation, disease and death. They were often frightened and homesick. The knights among them were humiliated as they lost status without their arms and horses. Most of the leaders had nagging financial worries. It is not hard to understand their obsession with horses and their desire for loot.

annual increases in your rent is 4 percent per year.

To achieve typical longer-term financial goals, such as retiring, the money that you save and invest generally needs to grow at a rate much faster than the rate of inflation.

It has to back its words with actions by adjusting monetary policy—usually by raising or lowering a benchmark interest rate—as needed to hit the inflation target over its stated time horizon.

Nevertheless, announcing an inflation target instills discipline and accountability, because it forces policymakers either to hit their target or to offer a credible explanation for why they missed.

Inflation prospects posed some tricky issues.

We must take into account not only the current inflation rate but also the prospects for inflation a few quarters ahead, when the effects of policy decisions will actually be felt

setting aside the most volatile prices leads to better predictions of overall inflation.

That said, based on knowing her and on her record on the Board in the 1990s when inflation was a concern, I also had little doubt that she would tenaciously defend price stability when necessary.

But at some point a strengthening economy and rising inflation pressures would presumably force us to raise short-term interest rates. It was possible to end up temporarily paying more interest on banks' reserves than we earned on the securities we held, which in turn might lead to several years in which we had little or no profits to remit to the Treasury.

worried that inflation might develop some momentum.

The decision would depend on economic developments, especially on the persistence of inflation.

could help convince markets that policy would remain easy for as long as needed to return inflation to our target.

raising people's inflation expectations substantially, using only talk, is easier in theory than in practice.