Inflation Quotes - Page 13

• The incredible stability in inflation is really a novel human experience. And the inflation is being the result of money.

  Russ Roberts

  Incredibles, Results, Stability

  Source: www.npr.org

  5 Copy quote

  Show source

• Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.

  Suze Orman

  Retirement, Cds, Goal

  4 Copy quote

• Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

  Bill Gross

  Gdp, Growth, Debt

  8 Copy quote

• Adjusted for inflation, somebody going to college today to a state university, is paying about 300 percent of what her mom or dad did just 30 years ago.

  Elizabeth Warren

  Mom, Dad, College

  4 Copy quote

• The ultra-right would have us believe that families are in trouble because of humanism, feminism, secular education, or sexual liberation, but the consensus of Americans is that what tears families apart is unemployment, inflation, and financial worries.

  Letty Cottin Pogrebin

  Believe, Worry, Feminism

  Letty Cottin Pogrebin (1983). “Family politics: love and power on an intimate frontier”, McGraw-Hill Companies

  5 Copy quote

  Show source

• Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.

  Bill Gross

  Dollars, Sanity, Creditors

  10 Copy quote

• 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 Vaughan

  Jobs, Careers, Ideas

  7 Copy quote

• 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.

  Llewellyn Rockwell

  Money, Cheer, School

  6 Copy quote

• The essence of any plan for financing old age is saving-to put aside some part of today's earnings for the future. Anything that saps the value of savings-and inflation is the worst single threat-is the enemy of the aged and of those who expect to grow old.

  Bernard Baruch

  Essence, Enemy, Age

  6 Copy quote

• Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.

  Walter Wriston

  Rising Prices, Essentials, Wages

  1986 Risk and Other Four-Letter Words.

  6 Copy quote

  Show source

• Let's turn inflation over to the Post Office. That'll slow it down.

  Mo Udall

  Office, Turns, Posts

  "Morris K. Udall, Fiercely Liberal Congressman, Dies at 76" by Richard Severo, www.nytimes.com. December 14, 1988.

  7 Copy quote

  Show source

• Tax reduction has an almost irresistible appeal to the politician, and it is no doubt also gratifying to the citizen. It means more dollars in his pocket, dollars that he can spend if inflation doesn't consume them first. But dollars in his pocket won't buy him clean streets or an adequate police force or good schools or clean air and water. Handing money back to the private sector in tax cuts and starving the public sector is a formula for producing richer and richer consumers in filthier and filthier communities. If we stick to that formula we shall end up in affluent misery.

  John W. Gardner

  Mean, School, Cutting

  John W. Gardner (1971). “The Recovery of Confidence”

  32 Copy quote

  Show source

• I regard the inflation acts as wrong in all ways. Personally I am one of the noble army of debtors, and can stand it if others can. But it is a wretched business.

  Rutherford B. Hayes

  Army, Debtors, Noble

  "Diary and Letters of Rutherford Birchard Hayes". Book by Rutherford B. Hayes, 1922 - 1926.

  4 Copy quote

  Show source

• the Federal Reserve, has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... The European central bank has only the first. It has no commitment to keep employment up.

  Noam Chomsky

  Commitment, Two, Different

  Interview with Renowned Scholar, dialogosmedia.org. October 13, 2012.

  4 Copy quote

  Show source

• The mind must not be forced; artificial and constrained manners fill it with foolish presumption, through unnatural elevation and vain and ridiculous inflation, instead of solid and
  vigorous nutriment.

  Blaise Pascal

  Mind, Ridiculous, Foolish

  Blaise Pascal, Henry Rogers, Victor Cousin, Charles Louandre (1861). “The Thoughts, Letters and Opuscules of Blaise Pascal”, p.513

  4 Copy quote

  Show source

• Hot air expands, and seriously pompous attitude is the inflation of choice by those lacking substance.

  Vanna Bonta

  Attitude, Air, Choices

  4 Copy quote

• Modern thinking is that time did not start with the big bang, and that there was a multiverse even before the big bang. In the inflation theory, and in string theory, there were universes before our big bang, and that big bangs are happening all the time. Universes are formed when bubbles collide or fission into smaller bubles.

  Michio Kaku

  Thinking, Bangs, Modern

  37 Copy quote

• 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.

  Paul McCulley

  Running, War, Fighting

  4 Copy quote

• Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.

  Bill Gross

  Real, Vampire, Decay

  Bill Gross (2012). “Everything You've Heard About Investing Is Wrong!: How to Profit in Coming Post-Bull Markets”, p.51, Crown Business

  19 Copy quote

  Show source

• People (a group that in my opinion has always attracted an undue amount of attention) have often been likened to snowflakes. This analogy is meant to suggest that each is unique - no two alike. This is quite patently not the case. People, even at the current rate of inflation - in fact, people especially at the current rate of inflation - are quite simply a dime a dozen. And, I hasten to add, their only similarity to snowflakes resides in their invariably and lamentable tendency to turn, after a few warm days, to slush.

  Fran Lebowitz

  Unique, Two, People

  Fran Lebowitz (2011). “The Fran Lebowitz Reader”, p.197, Vintage

  15 Copy quote

  Show source

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

  Lee Iacocca

  Age, Looks, Way

  4 Copy quote

• For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.

  Suze Orman

  Retirement, Years, Play

  4 Copy quote

• 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.

  Thomas Mapfumo

  Country, Zimbabwe, World

  Source: www.sbs.com.au

  9 Copy quote

  Show source

• Throwing Ronald Reagan out of office at the height of his popularity, with inflation and interest rates down, the economy moving and the country at peace, would have required God on the ticket and She was not available!

  Geraldine Ferraro

  Country, Moving, Office

  "The Top 5 Dos and Don'ts of the Week: Including the Best Video... and the Worst Man" by Cindi Leive, www.glamour.com. April 1, 2011.

  4 Copy quote

  Show source

• The natural tendency of the state is inflation. This statement will shock those accustomed to viewing the state as a committee of the whole nation ardently dispensing the general welfare, but I think it nonetheless true.

  Murray Rothbard

  Thinking, Welfare, Natural

  4 Copy quote