Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
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.
Invest in inflation. It's the only thing going up.
I wasn't affected by inflation - I had nothing to inflate.
If you're aiming at a million, inflation will increase your chance of succeeding.
I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.
Steel prices cause inflation like wet sidewalks cause rain.
Inflation is the senility of democracies.
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.
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 doves in this country and some of the media are the cause of fifty-some-odd-thousand Americans being killed and all that money being spent, and all that inflation.
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.
Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
If inflation continues, the two-car garage will be replaced by the two-family garage.
Law of inflation: whatever goes up will go up some more.
Inflation: Everyone's illusion of wealth.
Inflation is lower and more stable and the real business cycle fluctuations are more modest.
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.
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.
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.
Inflation is the crabgrass in your savings.
Inflation is when sitting on your nest egg doesn't give you anything to crow about.
When future historians look back on our way of curing inflation they'll probably compare it to bloodletting in the Middle Ages.
We must not take our economic strength for granted. That's why it is critical that we continue to pay down the debt -- to keep inflation and interest rates low.