Inflation Quotes

Inflation is the senility of democracies-Sylvia Townsend Warner

 

Inflation is taxation without legislation-Milton Friedman

 

Inflation: Everyone's illusion of wealth- Unknown

 

Law of inflation: whatever goes up will go up some more. - Unknown

 

Inflation is the one form of taxation that can be imposed without legislation.-Milton Friedman

 

Inflation is like sin; every government denounces it and every government practices it-Frederick Leith-Ross

 

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.-Josh S. Weston

 

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.-Ronald Reagan

 

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.-Sam Ewing

 

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.-Robert Orben

 

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career-Bill Vaughn

 

Oil prices have fallen lately. We include this news for the benefit of gas stations, which otherwise wouldn't learn of it for six months.-William D. Tammeus

 

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

 

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.-John Maynard Keynes

 

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.-Karl Rove

 

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.-Ernest Hemingway

 

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.-Ron Chernow

 

The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.-Dixie Lee Ray

 

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.-Vladimir Lenin

 

They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.-Franklin Raines

 

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.-Martin Feldstein

 

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.-Carroll Quigley

 

This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it.-Jim Nussle

 

We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America.-Barbara Jordan

 

We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is.-Shimon Peres

 

We don't have a major problem right now in our country, and life is normal. Things like unemployment, which the youth are suffering from, and the rate of inflation - these are chronic conditions and we have to solve them.-Akbar Hashemi Rafsanjani

 

We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.-John W. Snow

 

We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.-Martin Feldstein

 

Well, I think the global economy is in the position for continuing good growth with inflation well in check.-John W. Snow

 

When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.-Paul A. Volcker

 

When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis.-Nick Clooney

You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.-Paul A. Volcker

 

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.-William Vickrey

 

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

 

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.-Martin Feldstein

 

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.-Alan Greenspan

 

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.-Ronald Reagan

 

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.-Robert Orben

 

Inflation is lower and more stable and the real business cycle fluctuations are more modest.-Martin Feldstein

 

Inflation is taxation without legislation.-Milton Friedman

 

Inflation is the crabgrass in your savings.-Robert Orben

 

Inflation is the one form of taxation that can be imposed without legislation.-Milton Friedman

 

Inflation is the senility of democracies.-Sylvia T. Warner

 

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.-Sam Ewing

 

Inflation outstripped real wages for people who work for pay from others.-Tim Bishop

 

It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels.-Jon Corzine

 

It was the biggest inflation and the most sustained inflation that the United States had ever had.-Paul A. Volcker

 

Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.-Robert Reich

 

Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.-John W. Snow

 

Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.-John Conyers

 

Production is the only answer to inflation.-Chester Bowles

 

Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.-Franklin Raines

 
Last modified 11-Sep-2011 5:15 PM