Michael Hudson Quotes About Inflation

Quotes about: Inflation

• Inflation usually helps the economy at large, but not the 1% if wages rise. So the 1% says that it is terrible.

  Michael Hudson

  Wages, Helping, Economy

  Source: www.counterpunch.org

• When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.

  Michael Hudson

  Mean, Income, Assets

  Source: www.counterpunch.org

• When we say "people worry" about inflation, it's mainly bondholders that worry. The labor force benefitted from the inflation of the '50s, '60s and '70s.

  Michael Hudson

  Labor Force, People, Worry

  Source: www.counterpunch.org

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