Quotations that match 'inflation'.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.
[ Ago Argued Arguments Cost Economists High Inconvenience Inflation Kind Make Many Minor Pay Price Reducing Thirty Those Today Too Would Years]
Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.
[ Bringing Democracy First History Inflation Luxuries Necessities Price Same Selling Time True Us]
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.
[ Average Based Believes Coming Expectations Flooded Inflation Investor Marketplace More Mortgage Move Much Rate Up]
Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.
[ Accelerating Currently Inflation Keep Level More Percent Permanent Quite Required Seems Situation Unacceptable Unemployment]
I might say that when the settlement was made the Nixon administration issued what they called a second inflation alert in which the General Motors settlement was branded as being inflationary and bad for the country.
[ Administration Alert Bad Being Branded Called Country General Inflation Inflationary Issued Made Might Motors Nixon Say Second Settlement Which]
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.
[ Assets Because Before Bond Destroyed Faith Great Held Inflation Less Money Much Paper Suddenly Than Worth]
We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.
[ Check Eye Far Global Inflation Keep Our Reasonably Remains Stage]
Inflation is the crabgrass in your savings.
[ Crabgrass Inflation Savings Your]
Production is the only answer to inflation.
[ Answer Inflation Only Production]
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.
[ America Attempting Fulfill Inflation Larger Only Present Problems Promise Scale Solve Trying Unemployment]
Agency by agency, we frequently have lost a bit of ground, at least to inflation-but had it not been for the efforts we've made to educate people about the importance of science, technology and advanced education, those predictions very well might have come true.
[ Advanced Agency Been Bit Come Educate Education Efforts Frequently Ground Had Importance Least Lost Made Might Predictions Science Technology Those True Very Well]
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.
[ Ahead America Assuming Because Buy Could Days Get Going Good House Inflation Investment Just Keep Live Only Place Those Up Without]
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. Politics
[ Armed Deadly Frightening Hit Inflation Man Robber Violent]
Inflation is taxation without legislation. Finance
[ Inflation Legislation Taxation Without]
However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition is rising and will continue to rise as the administration's policies force inflation.
[ Administration Budget Continue Cost Eliminating Even Force Funding His However Inflation Loans Perkins Policies President Problem Rise Rising Sees Though Tuition Will]
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. Age
[ Dollars Fifteen Five Get Had Hair Haircut Inflation Pay Used]
The Fed has the ability to put money out, it's got the ability to take money back in, and if they don't do that, we will have hyperinflation worse than we had in 1980 and 1981.
[ Ability Back Fed Got Had Money Out Put Take Than Will Worse]
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. Finance
[ Absence Confiscation Gold Inflation Protect Safe Savings Standard Store Through Value Way]
I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year.
[ Back Daylight Going Hour Inflation Mind Only Saved Saving Thing Time Will Year]
If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
[ Assured Bargain Brought Cost Could Down Even Good Inflation Per Percent Rate Say Steady Unemployment Would Year]
I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.
[ American Believe Causes Continue Everything Hate Inflation Love Love-Hate Relationship]
Domestic inflation reflects domestic monetary policy.
[ Domestic Inflation Monetary Policy Reflects]
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.
[ Activities Almost Anonymity Because Continued Dreaded Ensured Evil Firms Great Inflation Knowledge Maximum Persistence Persons Power Private Public Secrecy Their Tremendous]
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.
[ Bank Class Destroyed Directly Failures Germany Inflation Led Middle Rise Runaway Struck Which]
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.
[ Asked Costs Freeze Give Imagine Inflation Matter Percent Salaries Their Up Workers]
It was the biggest inflation and the most sustained inflation that the United States had ever had.
[ Biggest Ever Had Inflation Most States Sustained United]
I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.
[ Engineered Exaggeration Gain Governments History Inflation Largely Say Think Usually]
Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.
[ Also America Care Citizens Competitive Contributes Coverage Double-Digit Economy Fails Global Health Inflation Insurance Less Making Many Our Private Provide System]
Inflation outstripped real wages for people who work for pay from others.
[ Inflation Others Outstripped Pay Real Wages Work]
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
[ Citizens Confiscate Continuing Government Important Inflation Part Process Secretly Their Wealth]
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.
[ Anticipating Any Anymore Because Begin Benefit Better Comes Fact Going Good Inflation Than Thought Were]
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
[ Both Bring Currency Economic First Inflation Nation Panacea Permanent Political Prosperity Refuge Ruin Second Temporary War]
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.
[ Bring Down Gain Inflation Large Necessary Pay Permanent Price Reduced Relative Some Temporary]
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.
[ Defects Economic Equivalent Government Growth Inflation Job Maximum Plus Pollution Products Reality Risk Runaway Zero]
If we have wealth, it will be protected from inflation and possibly even enhanced in value.
[ Enhanced Even Inflation Possibly Protected Value Wealth Will]
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
[ Adjusted Comprise Haven Inflation Median Percent Production Risen Wages Workers Workforce Years]
Inflation is the senility of democracies.
[ Democracies Inflation Senility]
Inflation is lower and more stable and the real business cycle fluctuations are more modest.
[ Business Cycle Fluctuations Inflation Lower Modest More Real Stable]
This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it.
[ Beyond Economy Far Faster Growing Inflation Means Our Spending Sustain Than Unchecked]
Foreign trade clearly has been a reason why inflation has been low.
[ Been Clearly Foreign Inflation Low Reason Trade Why]
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
[ Alert Capacity Certainly Clearly Continually Doing Early Economy Employment Environment Expanding Fed Gdp Growing High Inflation Needs Numbers Output Signs Strong Utilization Which]
Well, I think the global economy is in the position for continuing good growth with inflation well in check.
[ Check Continuing Economy Global Good Growth Inflation Position Think Well]
I would say to my colleague that the misery index, inflation and unemployment, when added together is the lowest it has been in the last series of Presidents, even going back to Jimmy Carter. So I think the Bush administration is doing a good job.
[ Added Administration Back Been Bush Carter Colleague Doing Even Going Good Index Inflation Jimmy Job Last Lowest Misery Presidents Say Series Think Together Unemployment Would]
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.
[ Chronic Conditions Country Inflation Life Major Normal Now Our Problem Rate Right Solve Suffering Them These Things Unemployment Which Youth]
The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. Finance
[ Best Capitalist Citizens Confiscate Continuing Currency Destroy Governments Important Inflation Part Process Secretly System Their Way Wealth]
During the past two decades, inflation has fallen to a low level in major industrial countries.
[ Countries Decades During Fallen Industrial Inflation Level Low Major Past Two]
Inflation is the one form of taxation that can be imposed without legislation.
[ Form Imposed Inflation Legislation Taxation Without]
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
[ Between Bourgeoisie Crush Grind Inflation Taxation Them Way]
Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.
[ Adjusted Congress Inflation Level Lowest Minimum Now Raised Since Wage Years]
The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.
[ Costs Effect Enter Exert High Inflationary Interest Into Likely Monetary Perverse Policy Pressure Rates Restrictive Thus]
And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.
[ Above Care Costs Could Deficit Did Get Goal Going Health Huge Important Inflation Instead Just Level Made Maybe Most Our Percent Progress Reducing Single Slightly Terms Thing Up Way Why Year]
Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.
[ After Basis Became Chairman Double-Digit Fed Got Inflation Monthly Percent Shortly Terrible Thing Up While]
Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.
[ Almost Company Economy Future Go Higher Inflation Margin Objective Order Percent Provide Recession Safety Some Stated Trying Type Want Where]
By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation.
[ Accept Became Chairman Deal Feeling Forceful Inflation Measures More Time Try Urgency Willingness]
It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels.
[ Adjust Been Congress Current Failure Hour Increase Inflation Last Level Levels Low Minimum Now Over Per Power Purchasing Raised Record Reduced Since Wage Years]
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
[ Almost Anyone Barrel Been Bring Certainly Consequence Economic Guess Inflation Likely Medicine Nature Once Out Precise Previously Recently Their These Though Unthinkable Unwelcome Will]
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
[ Both Competitive Could Decreased Dollar Economic Either Experience Experiencing Growth Imply Increased Inflation More Now Short Theory Us Without]
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
[ Assure Balanced Budget Deficits Does Inflation Level Nor Price Produce Stable Themselves]
I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter.
[ Carter Defeat Economic Election Factor Forth Inflation Know Low Political President Problems Productivity Rising Scientist Study These Things Unemployment Were]
Bankers know that history is inflationary and that money is the last thing a wise man will hoard.
[ Bankers History Hoard Inflationary Know Last Man Money Thing Will Wise]
Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
[ Basically Check Growth Inflation Moderation Oil Overall Position Prices Stable Sustainable Think Very Welcome Would]
Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.
[ Concerned Get Individuals Inflation Into Investors Long-Term Marketplace Move Now Out Rates Right Seeing Street Telling These Us]
The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.
[ Decisions Difficulty Growth Higher His Inflation Interest Lead Mr Obama Obama Public Rates Recovery Sees Sluggish Taxes Where Will]