Quotes About Inflation

It's not hard to generate a paper fortune in a huge inflation. All you have to do is own the most important economic assets: energy, communication, and transportation.

When the commodities go up and the cost of transportation is going up, and the value of the dollar is going down, it's all going to translate to an 8 to 10 percent rise in food prices.

There are specific identifiers that are entirely recognizable during the bubble's inflation. One hallmark of mania is the rapid rise in the incidence and complexity of fraud….

It is ludicrous to believe that asset bubbles can only be recognized in hindsight," he wrote. "There are specific identifiers that are entirely recognizable during the bubble's inflation. One hallmark of mania is the rapid rise in the incidence and complexity of fraud…. The FBI reports mortgage-related fraud is up fivefold since 2000." Bad behavior was no longer on the fringes of an otherwise sound economy; it was its central feature.

It is ludicrous to believe that asset bubbles can only be recognized in hindsight," he wrote. "There are specific identifiers that are entirely recognizable during the bubble's inflation.

Since environmental and health damage is not factored into reducing GDP - and in fact the resulting health costs and the costs of cleaning up the environment would also inflate GDP, a GDP obsessed government would try and dismantle environmental and health regulations.

There's nothing the people love more than a Federal Reserve joke.

In its first three minutes, according to inflation theory, the universe ran away with itself, doubling in size every one million million million million millionths of a second. Ninety-eight per cent of all that exists was created in those first 180 seconds.

In that case we must say that rhetoric is any adornment or inflation of speech which is not done for a particular effect but for a general impressiveness.

A male frigate bird blows up a wild red pouch on his neck. He can keep it puffed up for hours. It is his way of impressing the girls.

Inflation had risen to the unimaginable figure of just over 100,000 percent by the end of 1947--and it was to go to 2,870,000 percent by the end of 1948...

You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.

We aim to encourage investments that ease our supply-side bottlenecks, such as rural roads, cold-storage, and grain-warehouses, which will also help us combat inflation.

Inflation via loose monetary policy is in effect a tax, but one that does not have to be legislated and that tends to hurt ordinary people more than elites with real rather than monetary assets.

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.

Here we shall have to say simply that all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself is merely a form, and a particularly vicious form, of taxation.

Even a relatively mild inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. When the inflation collapses, or is brought to a halt, the misdirected capital investment—whether in the form of machines, factories or office buildings—cannot yield an adequate return and loses the greater part of its value.

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.

The demoralization that the debase­ment of the currency left in its wake played a major role in bring­ing Adolf Hitler into power in 1933.

One of the worst results of the retention of the Keynesian myths is that it not only promotes greater and greater inflation, but that it systematically diverts attention from the real causes of our unemployment, such as excessive union wage-rates, minimum wage laws, excessive and prolonged unemployment insurance, and overgenerous relief payments.

Inflation itself is a form of taxation.

What inflation really does is to change the relationships of prices and costs.

Inflation itself is a form of taxation. It is perhaps the worst possible form, which usually bears hardest on those least able to pay.

people are becoming aware that government has nothing to give them without first taking it away from somebody else—or from themselves. Increased handouts to selected groups mean merely increased taxes, or increased deficits and increased inflation.