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| Inflation Quotes Inflation Definition |
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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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Ron Chernow The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation. Dixie Lee Ray The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. Vladimir Lenin They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up. Franklin Raines 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 This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation. Carroll Quigley This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it. Jim Nussle We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America. Barbara Jordan We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is. Shimon Peres 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. Akbar Hashemi Rafsanjani We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage. John W. Snow 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 Well, I think the global economy is in the position for continuing good growth with inflation well in check. John W. Snow When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do. Paul A. Volcker When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis. Nick Clooney You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America. Paul A. Volcker |
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