Quotes About Inflation

Inflation was driven by higher labor costs, not higher goods costs. Frankly, I'd love to see a little bit of that. Because I'd love to pay people more. I'd love to see rising wages for everybody.

Between stagnant wages and the cost of everything going up - particularly health care and college tuition - people have less money to save and less money to spend.

99.5 percent of the people that walk around and say they are a social media expert or guru are clowns. We are going to live through a devastating social media bubble.

I love talking in lira because, suddenly, everything is in billions.

Can you imagine what five or 10 dollars was like in 1925? In those days, you could get room and board for $1.50 a week. Room and board!

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.

Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?

Existe una gran controversia sobre si los bancos centrales deben ser más independientes o no. Alguna evidencia indica que las tasas de inflación pueden ser menores, pero hay poca evidencia de que mejoran las variables reales como el crecimiento o el paro. No pretendo resolver aquí esta polémica sino subrayar que, dada la controversia, no se debe imponer a un país una visión particular

Minimum wages have not kept up with inflation (so that the real federal minimum wage in the United States in 2011 is 15 percent lower than it was almost a third of a century ago, in 1980);

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.

Bankers know that history is inflationary and that money is the last thing a wise man will hoard.

A disordered currency is one of the greatest political evils.

keep your nest egg growing faster than inflation isn't all that hard.

Even the best national currency of the postwar period, the German mark, lost 71 percent of its value from January 1, 1949, through the end of June 1995. In the same period, the U.S. dollar lost 84 percent of its value.9 This inflation had the same effect as a tax on all who hold the currency.

In almost every competitive area, including most of the world's multitrillion-dollar investment activity, the migration of transactions into cyberspace will be driven by an almost hydraulic pressure—the impetus to avoid predatory taxation, including the tax that inflation places upon everyone who holds his wealth in a national currency.

The unemployment rate rose between 1968 and 1970 from 3.6 to 4.9 percent—a jump of more than 33 percent. The consumer price index increased by roughly 11 percent in the same period. Analysts of the economy coined a new and memorable term for what seemed to be happening: "stagflation.

Table 9.1 shows the soaring number of Reichsmarks needed to buy one US dollar, which indicates the trend in consumer inflation in Weimar Germany preceding and during its hyperinflation. Note

Life is so expensive.

under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

Despite its name, the big bang theory is not really a theory of a bang at all. It is really only a theory of the aftermath of a bang.

It's hard to build models of inflation that don't lead to a multiverse. It's not impossible, so I think there's still certainly research that needs to be done. But most models of inflation do lead to a multiverse, and evidence for inflation will be pushing us in the direction of taking [the idea of a] multiverse seriously.

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.

Starting in the wake of the 2008 GFC (Global Financial Crisis), market observers have warned of a crash in the bond market. Initially, it was believed that the trillions printed to bail out the banks would cause inflation and, therefore, a flight from bonds.