#inflation

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

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

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

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

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

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

And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it. ↗

— Barack Obama

#care #care costs #costs #could #deficit

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