Inflation Quotes
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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.
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The bond market has been zigzagging this year. Every time the Fed acts, and the feeling in the market is that the economy is going to bounce back strongly, it causes pain for bonds because it threatens inflation.
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Investing solely for 'income,' investing merely 'to keep capital employed,' and investing simply 'to hedge against inflation' are all entirely out of the question.
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Let's turn inflation over to the Post Office. That'll slow it down.
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It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.
