Quotes About Inflation

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

We never had it as rough as the kids have it today. Look at the price of a gallon of gas or a piece of real estate or a college education.

My mother praised me when I did something good, and then the next moment, she would say, 'Don't float.' She put me in a balloon and then pricked it.

It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.

It's sort of like a teeter-totter; when interest rates go down, prices go up.

Sound money is the sine qua non of a prosperous society.

In the 2010s, it is not the price of bread that is falsely and unnecessarily inflated by obstinate politicians but that of energy. There are cheap sources of energy either available or possible, but there is a reluctance to use them.

she says, "A penny for your thoughts?" I don't feel like sharing my thoughts, so instead I challenge the question. "Really? Is that all they're worth? A penny?" She sighs. "It's just an expression, Caden." "Well, find out when the expression was thought up, and then adjust for inflation." She shakes her head. "Only you would go there, Caden." Then she leaves me to stew in thoughts I refuse to sell.

Prices are supposed to transmit information in a market economy; inflation obscures that mechanism.

Inflation of all kinds devalues everything it infects. It obscures information and so distorts behaviour.

Commodity money solves the hyperinflation problem. No government can produce huge new quantities of gold, silver, or mackerel.

In the atoms economy, which is to say most of the stuff around us, things tend to get more expensive over time. But in the bits economy, which is the online world, things get cheaper. The atoms economy is inflationary, while the bits economy is deflationary.

Monetary policy causes booms and busts.

Aunque la palabra «economía» puede traer el término dinero a la mente de muchos, lo cierto es que para el conjunto de la sociedad el dinero no es más que un instrumento artificial que permite que se hagan cosas reales, pues, de lo contrario, el gobierno podría hacernos ricos a todos simplemente imprimiendo más billetes. No es el dinero sino el volumen de bienes y servicios lo que determina si un país es pobre o próspero.

Today, a middle-class job no longer guarantees a middle-class lifestyle, and over the past 20 years, the four traditional attributes of middle-class status (education, health, pensions and house ownership) have performed worse than inflation.

unexpected increases in inflation are the de facto equivalent of outright default, for inflation allows all debtors (including the government) to repay their debts in currency that has much less purchasing power than it did when the loans were made.

Of course, the problems of external default, domestic default, and inflation are all integrally related. A government that chooses to default on its debts can hardly be relied on to preserve the value of its country's currency.

This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.

thus has been the only commodity whose future price is always equal to the spot price plus the rate of interest over the time period. A million paper dollars held since 1913, when the Federal Reserve Bank was created, would be worth $20,000 today, down 98 percent. A million dollars of gold in 1913 would now be worth $62 million.

If inflation continues to soar, you're going to have to work like a dog just to live like one.

[Comedy] it is who proposes the correcting of pretentiousness, of inflation, of dullness, and of the vestiges of rawness and grossness yet to be found among us. She is the ultimate civilizer, the polisher.

Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that.

To make a mountain of a mole-hill.

The grossest thing in our gross national product today is our language. It is suffering from inflation.