Inflation Quotes
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Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the hyper-inflation cat will be completely out of the bag.
Peter Schiff -
Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career.
Bill Vaughan
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The best way that a central bank can support growth on a durable basis is to ensure inflation is low, stable - there is financial stability - and that is the role that the central bank plays.
Urjit Patel -
To support continued healthy growth, vigilance in regard to inflation is essential.
Ben Bernanke -
Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.
Ben Bernanke -
Inflation is not even a remote risk in the U.S.. Because inflation is so low, monetary policy can afford to be patient to be sure that the recovery is sustained.
Ben Bernanke -
The inflation objective is explicitly a long-term or medium term objective. It focuses on, for example, core inflation to avoid getting involved in short-term fluctuations in energy prices and the like.
Ben Bernanke -
When prices are stable, people can hold money for transactions and other purposes without having to worry that inflation will eat away at the real value of their money balances.
Ben Bernanke
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Inflation is up, driven by energy prices. Underlying core rates remain low, which is encouraging.
Ben Bernanke -
Our assessment currently is that the risks to inflation are perhaps the more significant at the moment, and we need to address that.
Ben Bernanke -
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.
Ben Bernanke -
These inflation effects should fade even if energy prices remain elevated, so long as monetary policy keeps inflation expectations well-anchored.
Ben Bernanke -
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
William Vickrey -
The credibility has begun to inure in the institution. Keeping inflation low and stable is an important precondition for a healthy and sustained economic growth.
Ben Bernanke
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The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.
Ben Bernanke -
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.
Arthur Laffer -
A very important factor is the fact that inflation expectations are well-controlled and well-contained, which means that the Federal Reserve, unlike the 70s, doesn't have to react violently in terms of raising interest rates to contain the second- and third-round inflationary impacts. So I remain pretty optimistic about the economy.
Ben Bernanke -
Providing quantitative guidance about the meaning of 'long-term price stability' could have several advantages, including further reducing public uncertainty about monetary policy and anchoring long-term inflation expectations even more effectively.
Ben Bernanke -
Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.
Ben Bernanke -
Only government can cause inflation, preserve monopoly, and punish enterprise.
William Francis Buckley
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Mass inflation, welfare line, gross economy, trade it all for what's behind curtain number three.
Joe Walsh The Eagles -
What the Fed is really trying to say is that it doesn't know what it is going to do next. And if the markets abhor anything, it is uncertainty. Expect bond and stock market volatility to increase from here until the inflation outlook solidifies.
Scott Anderson -
Yes, 4% is the government-mandated target to the MPC. The plus/minus 2 percentage-point upper and lower bands are the tolerance levels specified by the government. If we breach those for three consecutive quarters, we need to inform the government of why that happened and what we propose to do to bring inflation within the two bands.
Urjit Patel -
Currently a level of unemployment of 7% or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.
William Vickrey