#inflation

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. ↗

— Ernest Hemingway

#bring #currency #economic #first #inflation

Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not. ↗

— Henry Hazlitt

#poverty #qe #money

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

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have. ↗

— Kevin Brady

#against #am #america #convinced #creates

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

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

The US is about to go all Billy the Kid. Inflation is going to keep shooting up. ↗

— Jarod Kintz

#change

This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it. ↗

— Jim Nussle

#economy #far #faster #growing #inflation

Venezuelans are tired of 14 years of promises and no results. The only things growing are inflation, murder and crime. The good indicators - production, education and jobs - are all falling. ↗

— Henrique Capriles Radonski

#education #falling #good #growing #indicators