Quotes About Inflation

A U.S. dollar is an IOU from the Federal Reserve Bank. It's a promissory note that doesn't actually promise anything. It's not backed by gold or silver.

En junio de 1922, con un marco se podían comprar dos cigarrillos; con doscientos setenta y dos marcos, un dólar americano. En marzo de 1923, el mismo día en que Paul metió al descuido una patata de más en la bolsa de la señora Schmidt, hacían falta cinco mil marcos para comprar un cigarrillo, y veinte mil para entrar en un banco y salir con un reluciente billete de un dólar.

Inzwischen glaubte Linda, dass das menschliche Schicksal nicht an Gott, sondern am Grundbesitz hing. Transzendentale Obdachlosigkeit war keine Folge des Religionsverlusts, sondern der Inflation von Mietwohnungen. Sie war stolz darauf, mit ihrer großen, heruntergekommenen Villa ein Bollwerk gegen den Zeitgeist zu errichten.

The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.

Inflation is the crabgrass in your savings.

There is no such thing as a riskless hedge against inflation.

I'm against using Petrobras to combat inflation.

Deflation isn't good, and inflation is easier to cure than deflation.

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.

If you are looking for a hedge for potential inflation for the future and have a longer term view, then gold is still a good bet.

During the past two decades, inflation has fallen to a low level in major industrial countries.

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.

People concerned about inflation today tend to buy big houses and nice cars.

Health-care costs when I got into the industry in '88 were 16 percent a year inflation. When I got out in 1997, they were less than 1 percent.

was not an economist. So, in thinking about how to solve the problem, I decided to start with the big picture. The root cause of inflation in Brazil was really very simple: The government spent more than it earned. When the budget turned up a big deficit every year, as it inevitably did, the government printed more money to cover the difference. Any grade-school student knows, however, that you can't just print endless amounts of cash without having something tangible to back it up.

Por eso yo digo aquí tantas palabrotas, porque están devaluadas, porque ya nada vale nada, hay demasiada gente, todo perdió su efecto , la palabra se ha vaciado de sentido y explota como una pompa de jabón

y he aquí otro ejemplo de lo hiperbólico que se nos ha vuelto el idioma en manos de los periodistas ¿una masacre de cuatro? Eso es puro desinflamiento semántico…

Once false money (under whatever form it may take) is put into circulation, depreciation will ensue, and manifest itself by the universal rise of everything that is capable of being sold. But this rise in prices is not instantaneous and equal for all things.

Everybody knew there was a housing bubble. You'd f***ing go to a neighbor, "Gee, that house costed $60,000 last year, and now it costs $600,000?! What did they do?!" "Well, they put a gazebo in the back."

The Planck satellite may detect the imprint of the gravitational waves predicted by inflation. This would be quantum gravity written across the sky.

Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.

And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.

I continue to think many of the factors holding down inflation are transitory... We want to be careful not to jump to a premature conclusion about what's in store for the U.S. economy.