#inflationary

The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure. ↗

— William Vickrey

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#effect #enter #exert #high #inflationary

Bankers know that history is inflationary and that money is the last thing a wise man will hoard. ↗

— Will Durant

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#history #hoard #inflationary #know #last

I might say that when the settlement was made the Nixon administration issued what they called a second inflation alert in which the General Motors settlement was branded as being inflationary and bad for the country. ↗

— Leonard Woodcock

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#alert #bad #being #branded #called