Inflation Quotes
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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
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Only government can cause inflation, preserve monopoly, and punish enterprise.
William Francis Buckley
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Inflation is like toothpaste. Once it's out, you can hardly get it back in again.
Karl Otto Pohl
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If inflation continues to soar, you're going to have to work like a dog just to live like one.
George Gobel
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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
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Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero, or worse, deflation has set in.
Athanasios Orphanides
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Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing.
William McChesney Martin
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If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. ... There was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.
Paul Krugman
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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
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If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.
Thomas Sowell
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Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investment program in place will have a lot more money when they come to retire than those who never get around to it.
Noel John Whittaker
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I see inflation as remaining well-contained going forward.
Ben Bernanke
