Inflation quotes

Page 1

◆ 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.

- James A Garfield100

◆ The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.

- Vladimir Lenin99

◆ During the past two decades, inflation has fallen to a low level in major industrial countries.

- Toshihiko Fukui99

◆ Production is the only answer to inflation.

- Chester Bowles99

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

- Martin Feldstein99

◆ Domestic inflation reflects domestic monetary policy.

- Martin Feldstein99

◆ Foreign trade clearly has been a reason why inflation has been low.

- Tim Bishop99

◆ Inflation outstripped real wages for people who work for pay from others.

- Tim Bishop99

◆ Bankers know that history is inflationary and that money is the last thing a wise man will hoard.

- Will Durant99

◆ We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

- Josh S Weston99

◆ Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity

- John Kenneth Galbraith99

◆ Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.

- John Kenneth Galbraith99

◆ Inflation is like sin; every government denounces it and every government practices it.

- Frederick Leith-Ross99

◆ I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

- Friedrich August Von Hayek99

◆ A man explained inflation to his wife thus: 'When we married, you measured 36-24-36. Now you're 42-42-42. There's more of you, but you are not worth as much.'

- Lord Barnett99