Quotes About Inflation

The hawks (shorthand for policymakers who tended to worry more about inflation) did not sit at a different table than the doves (policymakers who tended to worry more about growth and employment).

work and help stave off deflation.

The critics based their argument on the fact that lower interest rates tend to raise prices for assets such as stocks and houses.

As it turns out, easier monetary policy tends to affect capital and labor incomes fairly similarly.

an inflation rate low enough that households and businesses did not take it into account when making economic decisions.

With little room to cut the funds rate further, how could we put downward pressure on longer-term rates?

stimulating demand and pushing inflation up toward our target.

Inflation targeting, I argued, could help fill the information vacuum.

Of course, how far and how fast rates would rise depended on the economy.

target. As the world has learned, too little inflation is just as bad as too much inflation.

Unfortunately, for some major foreign economies, consistently achieving inflation goals has been difficult

On the other hand, job growth remained flat and inflation was still very low.

Domestic inflation reflects domestic monetary policy.

Inflation in Russia is primarily related to internal factors.

To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.

Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.

In the United States, after World War II, it took about two decades for the message to slowly seep in that inflation was going to be a permanent fact of the American way of life.

After World War II, there were a lot of pension funds in Europe that were fully funded, but they were pressured to hold a lot of government debt. There was a lot of inflation, and the value of all those assets fell. Those pension funds couldn't honor their promises to the people.

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.

With the sugar market hysteria, the people are obviously worried and expect higher inflation. When this hysteria subsides, which we're probably observing, then I hope that people will also get less worried about the future of inflation.

The job of the Central Bank is to worry.

You always worry about the devaluation of the dollar, but the devaluation of the dollar is based oftentimes on what the government decides to do.

Once an economy reaches a certain level of acceleration... the Fed is no longer with you... The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation and things getting too hot.

Less is always more. The best language is silence. We live in a time of a terrible inflation of words, and it is worse than the inflation of money.