Deflation Quotes

• The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.

  

  Ben Bernanke
  • Producers
  • Collapse
  • Buyers

• The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which preceded the War. ... The only thing that will save us is a new gold policy or the discovery of a new process or additional gold fields. If the fall [of gold production] is not prevented by design or accident we shall throttle business, wringing out all profits and experiencing all the evils of deflation.

  

  Irving Fisher
  • May
  • Business
  • War

• Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation.

  

  Ben Bernanke
  • May
  • Price
  • Producers

• Deflation is defined as a general decline in prices, with emphasis on the word 'general.'

  

  Ben Bernanke
  • Prices
  • Emphasis
  • Deflation

• Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and heavily burdened with bad loans.

  

  Ben Bernanke
  • Bad
  • Balance
  • Financial

• I love my little flat in Spitalfields. Lots of actors live out of a suitcase, so it's nice to have a base to come back to.

  

  Harry Lloyd
  • Actors
  • Suitcase
  • Spitalfields

• For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed China to industrialise, and prevented global deflation. But at the same time, they've not been looking after their own futures.

  

  Evan Davis
  • Recession
  • Resort
  • American consumer

• Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing.

  

  William McChesney Martin
  • Purpose
  • Inflation
  • Deflation

• Despite the recent conviction of many that we're headed back to inflation, I think deflation remains the more likely prospect. You've just got too much excess capacity in the world.

  

  Gary Shilling
  • World
  • Conviction
  • Capacity