Inflation Quotes

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

If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless.

Thomas Jefferson

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

Ronald Reagan

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered peoples savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

Ayn Rand

Inflation is like sin; every government denounces it and every government practices it.

Frederick Leith-Ross

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 way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.

Vladimir Lenin

Production is the only answer to inflation.

Chester Bowles

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.

John Kenneth Galbraith

Inflation is not all bad. After all, it has allowed every American to live in a more expensive neighbourhood without moving.

Alan Cranston

Inflation is determined by money supply growth.

Roger Bootle

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

Bill Gross

By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation.

Paul A. Volcker

Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.

Russ Carnahan

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

William Vickrey

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