Inflation Quotes - Page 8

• 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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• 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

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• I've learned about the inflation range situation. Obviously with our footballs being inflated to the 12.5-pound range, any deflation would then take us under that specification limit. Knowing that now, in the future we will certainly inflate the footballs above that low level to account for any possible change during the game.

  Bill Belichick

  Football, Games, Knowing

  Source: hereandnow.wbur.org

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• Inflationary trends are under way. Wage increases, through strikes or threatened strikes, are rampant. Government expenditures are ballooning ominously. Hoarding has contributed unconscionably to price-boosting. The Government should institute measures calculated to arrest inflation. America's commitments are already so mountainous, international and domestic, that the pruning knife should be applied. You and I, all American taxpayers, don't possess limitless resources-our pockets are not bottomless. Curb inflation at every turn!

  B. C. Forbes

  Commitment, Government, Knives

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

  Andre Maurois

  Serious, Crime, Artificial

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• Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the hyper-inflation cat will be completely out of the bag.

  Peter Schiff

  Running, Cat, Government

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• The Republican Party has consistently opposed Obamacare (as costing more), stimulus spending (as increasing inflation), etc., none of which has happened in spite of seven years of their warnings. Their main problem is that they don't have the character to admit that they are wrong. They don't have enough character to rethink their deeply held assumptions.

  Philip Kotler

  Party, Character, Years

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• Here's why I think the public service jobs are almost unavoidable: When we have downturns in the economy - and we will, for we haven't repealed the business cycle - unemployment will build, yet we no longer have any safety net. What are we going to do? Unless we decide to pull out all the stops and lower interest rates immediately and risk turning a recession into wild inflation, we're going to have to figure out some way of providing some more, not job security, but employment security.

  Robert Reich

  Thinking, Safety, Risk

  Source: www.strategy-business.com

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• I believe Sharia law, however it comes, is the future for America. I believe, one day, that the people will adopt it anyway. A lot of issues we're looking at now are already enshrined within the Sharia. For instance, the gold standard for when dealing with inflation and a lack of confidence with the stocks and shares, which has been prevalent for the last many decades. All of that is prohibited in Islam.

  Anjem Choudary

  Believe, People, One Day

  Source: www.yahoo.com

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• Capitalism is going to deal itself out of existence, but before it does that, you're gonna pay $50 for a latte, because inflation is going impoverish all of us before people get pissed off enough to realize that all of the last hundred years of economic progress was actually a shell game to create billionaires, while the great masses of people saw their standard of living eroded and destroyed.

  Terence McKenna

  Years, Games, People

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• The intelligence community is so vast that more people have top secret clearance than live in Washington. The U.S. will spend more on the war in Afghanistan this year, adjusting for inflation, than we spent on the Revolutionary War, the War of 1812, the Mexican-American War, the Civil War and the Spanish-American War combined.

  Nicholas D. Kristof

  War, Years, People

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• 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.

  Robert Higgs

  Elements, Taxation, Economy

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

  Alan Cranston

  Moving, Neighborhood, Expensive

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• Despite deficit rains, we have been successful in bringing down the inflation down from double digits to 3-4%

  Narendra Modi

  Rain, Successful, Deficit

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• We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.

  John W. Snow

  Eye, Checks, Stage

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• There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

  John Maynard Keynes

  Mean, Economics, Currency

  The Economic Consequences of the Peace ch. 6 (1919).

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• 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.

  Llewellyn Rockwell

  Government, Age, Gold

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• In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value.

  Michael Burry

  Essence, Long, Would Be

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• Governments resort to inflation with popular support because the people apparently are naïve enough to believe that they can have their cake and eat it, too.

  Leonard Read

  Believe, Government, Cake

  Leonard E. Read (1990). “The freedom philosophy”, Foundation for Economic Education

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• The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.

  Doug Casey

  Able, Way, Absence

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• In a free enterprise system, with an honest and stable money, there is dominantly a close link between effort and productivity, on the one hand, and economic reward on the other. Inflation severs this link. Reward comes to depend less and less on effort and production, and more and more on successful gambling and luck.

  Henry Hazlitt

  Successful, Gambling, Hands

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• What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.

  Leonard Read

  Names, Disease, Causes

  Leonard E. Read (1990). “The freedom philosophy”, Foundation for Economic Education

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• If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.

  Walter E. Williams

  School, College, Degrees

  Walter E. Williams (2015). “American Contempt for Liberty”, p.208, Hoover Institution Press

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• With old inflation riding the headlines, I have read till I am bleary-eyed, and I can't get head from tails of the whole thing. ... Now we are living in an age of explanations-and plenty of 'em, too-but no two things that's been done to us have been explained twice the same way, by even the same man. It's and age of in one ear and out the other.

  Will Rogers

  Science, Men, Two

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• Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.

  Ben Bernanke

  Technology, Growth, Progress

  Source: www.macleans.ca

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