#inflation

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. ↗

— Alan Greenspan

#absence #confiscation #gold #gold standard #inflation

If we have wealth, it will be protected from inflation and possibly even enhanced in value. ↗

— William Greider

#even #inflation #possibly #protected #value

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. ↗

— Leonard Woodcock

#alert #bad #being #branded #called

With the sugar market hysteria, the people are obviously worried and expect higher inflation. When this hysteria subsides, which we're probably observing, then I hope that people will also get less worried about the future of inflation. ↗

— Marek Belka

#also #expect #future #get #higher

Production is the only answer to inflation. ↗

— Chester Bowles

#inflation #only #production

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. ↗

— Jon Corzine

#been #congress #current #failure #hour

There are two main drivers of asset class returns - inflation and growth. ↗

— Ray Dalio

#class #drivers #growth #inflation #main

Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear. ↗

— Gavyn Davies

#dear #deflation #held #indeed #inflation

Inflation is taxation without legislation. ↗

— Milton Friedman

#inflation #legislation #taxation #without

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. ↗

— Vladimir Lenin

#bourgeoisie #crush #grind #inflation #taxation