Quotes About Inflation

Low inflation and government prudence may be harmful for economic development.

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.

Governments resort to inflation with popular support because the people apparently are naïve enough to believe that they can have their cake and eat it, too.

Inflation is taking up the poverty line, and poverty is not just economic but defined by way of health and education.

Discussions of health care in the U.S. usually focus on insurance companies, but, whatever their problems, they're not the main driver of health-care inflation: providers are.

The problem is that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior about $6,000 a year.

If you want to slow medical inflation in the private sector, it makes sense to expand the government's investment in private health care.

We cannot hope to achieve full employment and sustain it until we have mastered inflation.

The Robert Mugabe school of economics provides a salutary warning about uncontrolled monetary expansion in generating hyper-inflation. The road to Harare is not as long as we might hope.

Another term for balloon is bad breath holder.

The cost of living is going up while the chances of living are going down.

One of the most common ego-repair mechanisms is anger, which causes a temporary but huge ego inflation.

Financial repression returned to the West after 2008. Short-term rates in the United States and Europe were held below the level of inflation and remained negative in real terms for years on end.

If you look - look at - I mean, look at what's going on with your gasoline prices. They're going to go to $5, $6, $7 and we don't have anybody in Washington that calls OPEC and says, 'Fellas, it's time. It's over. You're not going to do it anymore.'

The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems.

Buy a $100 U.S. bond and frame it to teach your children about inflation by watching the U.S. bond value diminish to almost nothing over the next 20 years.

If the universe sprung into existence and then expanded exponentially, you get gravitational waves traveling through space-time. These would fill the universe, a pattern of echoes of the inflation itself.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

The best way to destroy the capitalist system is to debauch the currency.

There's a lot of companies that profit from a weak dollar.

Product downsizing in the face of inflation in order to maintain retail price points has long been used by food companies, notably manufacturers of candy.

It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation.

I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.

Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.