Browsing Topic Best Inflation Quotes

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.

One of the biggest taxes is one that is not even called a tax — inflation. When the government spends money that it creates, it is transferring part of the value of your money to themselves.

Cryptocurrency is by definition a refuge from inflation. People buy Bitcoin when they decide the U.S. dollar is no longer safe.

Russia is a very comfortable topic for [President] Joe Biden. He enjoys talking about it much more than talking about, say, inflation, or crime, or fentanyl deaths, or about how half the population of Haiti appears to be showing up in Florida in leaky boats. Those topics may interest you since you live in this country, but not Joe Biden.

The prices there (EU countries) are growing, but not through our fault. This is the result of their own miscalculations. They should not blame us for this. The same applies to the surge in prices for oil and petroleum products in the US.

Whoever controls the volume of money in any country is absolute master of all industry and commerce.

Inflation is the most regressive tax of all, yet is advocated by those who claim to be progressive.

Bitcoin does not threaten or replace the dollar, in the same way, that gold doesn’t threaten or replace or threaten the dollar, and real estate doesn’t threaten the dollar. It’s digital property that I really view as a supercharger that you plug your dollars into because your dollars are losing purchasing power in this inflationary environment and with Bitcoin you are essentially filling them back up with monetary energy for the long run.

I think there is going to be a rough landing… Inflation is a terrible thing when it gets going.

The strategy of unleashing an economic blitzkrieg has been ineffective. Moreover, the sanctions affected those who initiated them. I am referring to higher inflation and unemployment and the worsening economic outlook for the United States and European countries, as well as the declining living standards of Europeans and the depreciation of their savings.

Bitcoin is the canary in the coal mine, it was telling us that inflation is coming; it is telling us that central banks are bankrupt; it is telling us that we are at the end of the fiat money regime.

I was wrong then about the path that inflation would take. As I mentioned, there have been unanticipated and large shocks to the economy […] that I, at the time, didn’t fully understand.

Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

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

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

Damn inflation, full speed ahead,’ Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

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!

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

The problem is that because the voucher wouldn’t necessarily keep up with health care inflation, it was estimated that this would cost the average senior about $6,000 a year.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission… was an act of cowardice. Rather than man up and say fix this, its broken, we can’t afford it.

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.

With the shrinking of the US economy, and it’s shrinking very rapidly, you not only have more money, but you also have fewer goods. That’s a classic double-whammy on inflation.

According to inflation, the more than 100 billion galaxies, sparkling throughout space like heavenly diamonds, are nothing but quantum mechanics writ large across the sky. To me, this realization is one of the greatest wonders of the modern scientific age.

The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.

We don’t have a major problem right now in our country, and life is normal. Things like unemployment, which the youth are suffering from, and the rate of inflation – these are chronic conditions and we have to solve them.

Her heart the damned thing had begun to race and she only hoped that the rapid inflation and deflation of her chest wasn’t visible beneath her fitted bodice.

The liberation of women from exclusive domesticity did not originate in feminist books, or a war, or a big inflation, although they contributed to its progress. The rising enrollment of women in the paid labor force is a straightforward consequence of the industrial revolution of two hundred years ago.

It’s hard to build models of inflation that don’t lead to a multiverse. It’s not impossible, so I think there’s still certainly research that needs to be done. But most models of inflation do lead to a multiverse, and evidence for inflation will be pushing us in the direction of taking [the idea of a] multiverse seriously.

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.

The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.

Deficit spending is simply a scheme for the confiscation of wealth.

I find it funny that people who didn’t think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970’s, which was a pretty dismal period and not just because of polyester and disco.

Just imagine, more than half of the young people in the European Union do not have jobs. How can one explain that? How can one explain that to a working family, that produces goods and services, those who produce the olive oil that is a a main source of food in any European country? They humbly work the land with great effort and then the little resources they had saved in banks have now become dust simply because they did not have the means to withstand inflation produced by the adjustment policies.