#inflation

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. ↗

— Nick Clooney

#class #destroyed #directly #failures #germany

In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today. ↗

— Peter Thiel

#could #going #growth #happening #inflation

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. ↗

— John W. Snow

#capacity #certainly #clearly #continually #doing

We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage. ↗

— John W. Snow

#eye #far #global #inflation #keep

Well, I think the global economy is in the position for continuing good growth with inflation well in check. ↗

— John W. Snow

#continuing #economy #global #global economy #good

...Inflation had risen to the unimaginable figure of just over 100,000 percent by the end of 1947--and it was to go to 2,870,000 percent by the end of 1948... ↗

— Jung Chang

#change

Whomsoever controls the volume of money in any country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate. ↗

— James Garfield

#control #depression #economy #finances #government

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. ↗

— William Vickrey

#inflation #keep #level #more #percent

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level. ↗

— William Vickrey

#balanced #balanced budget #budget #deficits #does

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. ↗

— William Vickrey

#bargain #brought #cost #could #down