#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

During the past two decades, inflation has fallen to a low level in major industrial countries. ↗

— Toshihiko Fukui

#decades #during #fallen #industrial #inflation

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 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. ↗

— Paul A. Volcker

#became #by the time #chairman #deal #feeling

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten. ↗

— Arthur Laffer

#apples #base #bumper #cannot #colonial

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation. ↗

— Arthur Laffer

#classic #economy #fewer #goods #inflation

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. ↗

— Cliff Stearns

#administration #back #been #bush #bush administration

I want to price my next book and adjust it for the coming hyperinflation. So instead of the normal one dollar price, I’ll charge $1,000,000.00. If I sell one copy now I’ll be a happy man, and if I sell a million copies after hyperinflation hits in a few years then I’ll be equally as happy.
 ↗

— Jarod Kintz

#hyperinflation #inflation #price #equality

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