Quotes About Inflation

Printing money is merely taxation in another form.

In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.

It is credit that matters, not money (in other words, monetarism is a false ideology).

Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.

There have been unions based on gold or silver, but not on fiat money - money tempted to inflate - put out by politically independent entities.

Only the naive inflationist's could believe that government could enrich mankind through fiat money.

The only way government bureaucrats know of keeping prosperity going is to inflate some more - to increase the deficit or to pump more money into the system.

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.

All those commodities are going to have to rise in value as we are in short supply and we are printing too much money.

Money out of nothing is money that is eventually worth nothing.

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

Government is an inherently inflationary institution and will ever remain so until it is dispossessed of its monopoly of the supply of money.

The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.

When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only an intermediary instrument.

I want to make it clear what I am not saying. I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own.

The history of mankind is the history of money losing value.

Is it any more moral to dilute the value of the purchasing power of the money you hold in your wallet than it is for the farmer to dilute the milk supply with water?

The popular notion that an increase in the stock of money is socially and economically beneficial and desirable is one of the great fallacies of our time.

Quantitative easing prints money & causes inflation.

We could, of course, always make the payments, simply by printing more money - we simply promise to pay people by giving them dollar bills - but that could set off inflation.

You will never solve the American problems just by printing money.

Your money can be inflated away but your knowledge and talent cannot.

We should be disciplined and responsible and then our prosperity will be stable despite any economic crisis, inflation or a change of government

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