Inflation Quotes

I forgot my purse of laughter when I dressed this mornin'," she told me. "Have you not bought anythin' the last few days? Prices have gone up. Pay or starve, it's all one to me.

It’s hard to build models of inflation that don't lead to a multiverse. It’s not impossible, so I think there’s still certainly research that needs to be done. But most models of inflation do lead to a multiverse, and evidence for inflation will be pushing us in the direction of taking [the idea of a] multiverse seriously.

What Medicaid basically does is allows them to choose the two base years that they would calculate current their reimbursement levels on. And they all have per-capita allotments based upon what the states are experiencing today in terms of Medicaid costs. And then those are inflated over the years, the next decade, increased at the rate of inflation. And so they have to figure out how to take those dollars and put them to the best use in the state.

Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.

It was the biggest inflation and the most sustained inflation that the United States had ever had.

The rate of inflation can't be judged accurately by a few items the government arbitrarily chooses to measure.

Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.

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.

I think the minimum wage ought to keep pace with inflation.

Worrying about inflation now is like worrying about the measles when you might get the plague.

Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.

There are basically two kinds of tax, the kind the masses can see, and the kind they can't. The inflation tax is of the second kind.

Currently a level of unemployment of 7% or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.

Zimbabwe is a lost country. There is no money in Zimbabwe, everything stands still. The economy of the country is in shambles, the inflation is the highest in this world.

It's clear that the true problems of our Nation are much deeper - deeper than gasoline lines of energy shortages, deeper even than inflation or recession. And I realize more than ever that as President I need your help. So, I decided to reach out and listen to the voices of America.

What the Fed is really trying to say is that it doesn't know what it is going to do next. And if the markets abhor anything, it is uncertainty. Expect bond and stock market volatility to increase from here until the inflation outlook solidifies.

The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.

There's one thing that the Fed has been really good at cracking down on, and that's inflation.

Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.

Inflation is like toothpaste. Once it's out, you can hardly get it back in again.

Nothing so weakens government as persistent inflation.

Having a little inflation is like being a little pregnant.

Inflation is always and everywhere a monetary phenomenon.

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

The lesson is clear. Inflation devalues us all.

The Federal Reserve Act as it stands seems to me to open the way to a vast inflation of the currency. I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency.

The Debasement of World Currency:It Is Inflation, But Not As We Know It

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.

You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.

We haven't had a world war in a long time. We do have mass movements of people out of Syria and North Africa. But, fundamentally, if you take Japan, you're complaining that the economy isn't booming, they'd like to have slightly higher inflation.

Americans are getting stronger. Twenty years ago, it took two people to carry ten dollars' worth of groceries. Today, a five-year-old can do it.

Strictly speaking, it probably is not “necessary” for the federal government to tax anyone directly; it could simply print the money it needs. However, that would be too bold a stroke, for it would then be obvious to all what kind of counterfeiting operation the government is running. The present system combining taxation and inflation is akin to watering the milk; too much water and the people catch on.

I got quarters in my loafers trying to fight inflation when it only used to take a cent.

Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other!

From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation.

It's good news that he is proposing to restore budget cuts that he made, but the reality is that he is still proposing a 4.5 percent increase in tuition that's above inflation.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.

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

Mr. Greenspan did a very good job in the early 1990's. But recently he's fallen prey to this crazy theory that prosperity causes inflation. So they're trying to slow the economy down by raising interest rates. It's like a doctor saying you're in great health, so we have to make you sick a little bit. It's a bizarre theory. It's going to hurt our economy.

Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of taxation.

The President's policy proposal, known as 'chained CPI,' would re-calculate the cost of living for Social Security beneficiaries. That new number won't keep up with inflation on things like food and health care -- the basics that we need to live. In short, 'chained CPI' is just a fancy way to say 'cut benefits for seniors, the permanently disabled, and orphans.'

Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds (after inflation). So which is the riskier asset?

Artificial inflation of stocks must be considered a crime as serious as counterfeiting, which it closely resembles.

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

A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors: The probability that the investment you chose will preserve your capital over the time you intend to invest your funds. The probability the investments you select will outperform alternative investments for this period.

I think the country could be spared a lot of agony and the government could worry about inflation and a lot of other problems if [Nixon would] go on and resign. [There is] no question that an admission of making false statements to government officials and interfering with the FBI and the CIA is an impeachable offense.

In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total.

During inflation, Goodwill is the gift that keeps on giving.