Quotes About Inflation

It is not the poverty of individuals and the community, not indebtedness to foreign nations, not the unfavourableness of the conditions of production, that force up the rate of exchange, but inflation.

The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.

Credit expansion results in the recurrence of economic crisis and periods of depression. Inflation makes the prices of all commodities and services soar. The attempts to enforce wage rates higher than those the unhampered market would have determined produce mass unemployment prolonged year after year. Price ceilings result in a drop in the supply of commodities affected. The economists have proved these theorems in an irrefutable way. No

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism.

inertia of prices

the fundamental problem of the value of money.

Venezuelans are tired of 14 years of promises and no results. The only things growing are inflation, murder and crime. The good indicators - production, education and jobs - are all falling.

Our taxes are too high, our wages are too high. Everything is too high.

Inflation consists of subsidizing expenditures that give no returns with money that does not exist.

Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

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.

College mostly makes people like bladders—just good for nothing but t' hold the stuff as is poured into 'em.

You can't continue to have higher education tuition grow at a multiple of the rate of inflation.

The incredible stability in inflation is really a novel human experience. And the inflation is being the result of money.

Experience has proved to us that a dollar of silver disappears for every dollar of paper emitted.

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.

But if you look at WorldCom, which is the biggest failure to date, they grew dramatically, they were buying companies that were bigger than they were and they were doing it off inflated stock.

Problems are like Balloons. We let them unnecessarily blow up.

If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.

The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.

If commodity prices are no longer going up then food prices in the grocery store will no longer go up, at some point.

Inflation hasn't ruined everything. A dime can still be used as a screwdriver.

in 1991 the then British Chancellor, Norman Lamont, told the House of Commons that: "… rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying. That focus on keeping inflation down remains at the heart of monetary policy.

When future historians look back on our way of curing inflation...they'll probably compare it to bloodletting in the Middle Ages.