Best 50 quotes in «inflation quotes» category

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    Der Glaube der mittelalterlichen Alchemisten, aus Blei Gold machen zu können, war eine Manifestation der nüchternen Vernunft im Vergleich zu dem neuzeitlichen Wahn, aus Papier Geld machen zu können.

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    Births and cancer treatments are so expensive, it's a luxury to live, a privilege to die.

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    It is clear that the crusade imposed on its participants extraordinary stresses. In an alien environment they experienced not only the perils of warfare, but also inflation, poverty, starvation, disease and death. They were often frightened and homesick. The knights among them were humiliated as they lost status without their arms and horses. Most of the leaders had nagging financial worries. It is not hard to understand their obsession with horses and their desire for loot.

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    --he, indeed, who gave fewest pledges to Fortune, has yet suffered her heaviest visitations.

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    In the same way that central banking nearly wrecked the world and created one calamity after another, bitcoin can save the world one transaction at a time. It is time for a new beginning.

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    Inflation creates bubble and burst. That develops world economy, and will destroy it too.

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    It's deflation of our value, devaluation through a system of paper trails created for deeper entanglement by inflating our minds with lies. It sickens me to my stomach but what more can I do? Only spread the message of Jehovah and His Son like the flu. I've been given the key of knowledge, it's true.

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    The demoralization that the debase­ment of the currency left in its wake played a major role in bring­ing Adolf Hitler into power in 1933.

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    Pile up that gold around my head. I must take it with me to pay the ferryman.’ ‘I thought it was just a coin on the eyes or something.’ ‘Inflation. Also, I’ll take up rather a lot of room on the boat.

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    Silence can be breathing space and spawn release and wellness in a time of appalling inflation of words. But silence may be intolerably screaming, if it means absence of communication, deficiency in friendship and emotional deficit. (« A gap of silence”)

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    I was reading in the paper today that Congress wants to replace the dollar bill with a coin. They’ve already done it. It’s called a nickel.

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    The individualist insists that drastic depressions are the result of credit inflation; (not excessive savings, as the Keynesians would have it) which at all times in history has been caused by direct government action or by government influence. As for aggravated unemployment, the individualist insists that it is exclusively the result of government intervention through inflation, wage rigidities, burdensome taxes, and restrictions on trade and production such as price controls and tariffs. The inflation that comes inevitably with government pump-priming soon catches up with the laborer, wipes away any real increase in his wages, discourages private investment, and sets off a new deflationary spiral which can in turn only be counteracted by more coercive and paternalistic government policies. And so it is that the "long run" is very soon a-coming, and the harmful effects of government intervention are far more durable than those that are sustained by encouraging the unhampered free market to work out its own destiny.

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    What with the doctrines that are now widely accepted and the policies accordingly expected from the monetary authorities, there can be little doubt that current union policies must lead to continuous and progressive infl ation. The chief reason for this is that the dominant “fullemployment” doctrines explicitly relieve the unions of the responsibility for any unemployment and place the duty of preserving full employment on the monetary and fiscal authorities. The only way in which the latter can prevent union policy from producing unemployment is, however, to counter through inflation whatever excessive rises in real wages unions tend to cause.

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    The law of supply and demand affects money just as it affects pencils and everything else. If there is very little money the money is very valuable and it will buy a great deal. But if there is a lot of money it is not so valuable and it will buy very little .

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    The most obvious manifestation of the affordable housing crisis is in rising rents. Between 1900 and 2013, rents rose faster than inflation in virtually every region of the country and in cities, suburbs, and rural areas alike. But there is another important factor at work here that is an even bigger part of the story than the hikes in rent: a fall in the earnings of renters. Between 2000 and 2012 alone, rents rose by 6 percent. During that same period, the real income of the middling renter in the United States fell 13 percent. What was once a fissure has become a wide chasm that often can't be bridged.

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    Today it is cheaper to start a business than tomorrow.

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    ...We would see people wanting to work, not for pennies on the dollar, or to try and keep up with inflation, but because their Government is taking care of them. The people make up the country, not the money. The money is a profiteering system which works more like a secondary reward.

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    The relationship of employment and inflation is a funny thing... "Government’s stated goal in this respect is to maintain the economy at full employment. That has the benefit of keeping most citizens happy, while contributing tax to the general good. However, if everyone is in a job the only way a new or growing business can recruit additional staff is to poach from other organizations, usually by offering higher wages. That in turn feeds into inflation..." Barrow, Colin. The 30 Day MBA: Your Fast Track Guide to Business Success (p. 235). Kogan Page. Kindle Edition.

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    We should be disciplined and responsible and then our prosperity will be stable despite any economic crisis, inflation or a change of government

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    Whomsoever controls the volume of money in any country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

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    You have the legs and other also have it; they have the brain and you have it! Stop thinking you can't transact the business that others can. If you do, you are raising your inflation rate!

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    Having a little inflation is like being a little pregnant.

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

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    Domestic inflation reflects domestic monetary policy.

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    If inflation is the genie, then deflation is the ogre that must be fought decisively.

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    Inflation, being a fraudulent invasion of property, could not take place on the free market.

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    Inflation is like toothpaste. Once it's out, you can hardly get it back in again.

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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.

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    Inflation is the crabgrass in your savings.

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    Inflation is lower and more stable and the real business cycle fluctuations are more modest.

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    If we have wealth, it will be protected from inflation and possibly even enhanced in value.

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    Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

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    Inflation is the senility of democracies.

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    Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.

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    Inflation is the parent of unemployment and the unseen robber of those who have saved.

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    Inflation is a form of tax, a tax that we all collectively must pay.

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    I think the minimum wage ought to keep pace with inflation.

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    Quantitative easing prints money & causes inflation.

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    It was the biggest inflation and the most sustained inflation that the United States had ever had.

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    Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.

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

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    The rate of inflation can't be judged accurately by a few items the government arbitrarily chooses to measure.

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    The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.

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    We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.

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    Things there are no solution to: Inflation, bureaucracy & dandruff.

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    What Medicaid basically does is allows them to choose the two base years that they would calculate current their reimbursement levels on. And they all have per-capita allotments based upon what the states are experiencing today in terms of Medicaid costs. And then those are inflated over the years, the next decade, increased at the rate of inflation. And so they have to figure out how to take those dollars and put them to the best use in the state.

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    We cannot hope to achieve full employment and sustain it until we have mastered inflation.

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    We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.

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

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    You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.