#inflation

You have the legs and other also have it; they have the brain and you have it! Stop thinking you can't transact the business that others can. If you do, you are raising your inflation rate! ↗

— Israelmore Ayivor

#business #champion #inflation #legs #raising

I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it. ↗

— William E. Simon

#american people #believe #causes #continue #everything

It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation. ↗

— Marek Belka

#course #direction #embedded #factors #function

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation. ↗

— James Buchan

#adjusted #age #average #barrel #century

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. ↗

— Martin Feldstein

#argued #cost #economists #high #inconvenience

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. ↗

— Martin Feldstein

#down #gain #inflation #large #necessary

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. ↗

— Bill Gross

#company #economy #future #go #higher

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. ↗

— Friedrich August von Hayek

#exaggeration #gain #governments #history #i

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. ↗

— John Maynard Keynes

#continuing #government #important #inflation #part

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. ↗

— Paul A. Volcker

#america #assuming #because #buy #could