Quotes About Inflation

What is it that happens in an inflation? The unit of money suddenly loses its identity. The crowd it is part of starts growing and, the larger it becomes, the smaller becomes the worth of each unit. The millions one always wanted are suddenly there in one's hand, but they are no longer millions in fact, but only in name.

The commuter college I went to in 1970 now charges tuition of $ 10,312 a year for in-state students—and that's cheaper than most state schools. (Just so we're all on the same page: my $ 50 tuition from 1970 works out to about $ 300 in 2016 dollars.)

Adjusted for inflation, the minimum wage today is lower than it was in 1965—about 24 percent lower. That job at Sears allowed my mother to eke out a

I also understood that for more than forty years, workers' pay hadn't kept pace with inflation. Productivity had gone up. Profits had gone up. Executives had gotten raises. Couldn't we at last come together to make sure that the people who did some of the hardest, dirtiest work in the nation got at least a chance to build a little security? And

The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.

The job of the Central Bank is to worry.

Diagnostic inflation has led to an explosive growth in the use of psychotropic drugs; this then produced huge profits that have given the pharmaceutical industry the means and the motive to blow up the diagnostic bubble into an ever-expanding balloon.

CBD has become the most inflated bubble in all of psychiatric diagnosis, with a remarkable fortyfold inflation in just one decade. CBD satisfied three essential preconditions for excessive popularity: a pressing need, influential prophets, and an engaging story.

So just out of curiosity, what do you think I'm worth?" he asked when he just couldn't help himself. "I mean, it isn't often a person's put on the open market. What is the going rate for presidents' sons these days? Is it more or less than what you guys were going to get for my mother? Accounting for inflation, of course.

Enfler » doit être le verbe correct. Je prends de plus en plus de volume, comme si un big bang intérieur avait eu lieu lors de mon arrivée en Irak.

Massive debts owed to foreign creditors weaken our global influence and threaten high inflation and steep tax increases for our children and grandchildren.

I would be uncomfortable raising the federal funds rate if readings on wage growth, core consumer prices, and other indicators of underlying inflation pressures were to weaken, if market-based measures of inflation compensation were to fall appreciably further, or if survey-based measures were to begin to decline noticeably.

A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

If we have wealth, it will be protected from inflation and possibly even enhanced in value.

The crusade to convince us that global warming can only be dealt with by wealth destruction and higher energy prices began with an effort to 'raise awareness,' which turned into some delicate nanny-state prodding before efforts to artificially inflate prices.

In Argentina, if the weather is bad, critics will blame it on the currency board.

Taxes on capital, taxes on labor, inflation, bureaucratic regulation, minimum wage laws, are all - to different degrees - unnecessary slices of the wedge that stand between an individual's effort and reward for that effort.

Over time, there's a very close correlation between what happens to the dollar and what happens to the price of oil. When the dollar gets week, the price of oil, which, as you know, and other commodities are denominated in dollars, they go up. We saw it in the '70s, when the dollar was savagely weakened.

When monetary policy destroys the currency, it always destroys the middle class.

A good monetary policy follows inflationary expectations and not historical numbers.

It's a challenge for monetary policy to communicate that our inflation objective is 2 percent.

Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.

Nothing panics politicians like $4 a gallon gas.