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Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.
Sam Ewing
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Inflation quotes
3 Comments
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Foreign trade clearly has been a reason why inflation has been low.
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Inflation is the one form of taxation that can be imposed without legislation.
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Inflation outstripped real wages for people who work for pay from others.
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Inflation is lower and more stable and the real business cycle fluctuations are more modest.
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During the past two decades, inflation has fallen to a low level in major industrial countries.
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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 Barnett
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Production is the only answer to inflation.
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Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
Martin Feldstein
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
John Kenneth Galbraith
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity
John Kenneth Galbraith
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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.
Martin Feldstein
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By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
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