Quotations on Inflation
26 Quotes Found
Displaying 1 through 26
Inflation outstripped real wages for people who work for pay from others.
- Tim Bishop
(Keywords: Work, People, Inflation, Wages)
However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition is rising and will continue to rise as the administration's policies force inflation.
- Tim Bishop
(Keywords: Force, Inflation, President, Will)
I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year.
- Victor Borge
(Keywords: Time, Inflation, Mind, Will)
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
- Warren Buffett
(Keywords: Nature, Inflation, Medicine, Will)
Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.
- Russ Carnahan
(Keywords: Congress, Inflation, Now, Wage, Years)
The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.
- Ron Chernow
(Keywords: Faith, Money, Inflation, Worth)
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
(Keywords: Class, Germany, Inflation, Middle class)
It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels.
- Jon Corzine
(Keywords: Power, Failure, Congress, Inflation, Now, Wage, Years)
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
(Keywords: Arguments, Inflation, Today, Years)
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
- Martin Feldstein
(Keywords: Experience, Growth, Inflation, Now, Theory)
During the past two decades, inflation has fallen to a low level in major industrial countries.
- Toshihiko Fukui
(Keywords: Countries, Inflation, Past)
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
- Alan Greenspan
(Keywords: Absence, Gold, Inflation, Value)
If we have wealth, it will be protected from inflation and possibly even enhanced in value.
- William Greider
(Keywords: Wealth, Inflation, Value, Will)
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
(Keywords: Company, Economy, Future, Inflation, Order, Safety, Trying, Want)
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
(Keywords: War, First, Inflation, Nation, Prosperity, Ruin)
We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America.
- Barbara Jordan
(Keywords: People, America, Inflation, Problems, Promise, Trying, Unemployment)
I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter.
- Jeane Kirkpatrick
(Keywords: Defeat, Inflation, President, Problems, Productivity, Study, Unemployment)
This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.
- Carroll Quigley
(Keywords: Power, Knowledge, Evil, Inflation, Persistence, Public, Secrecy)
We don't have a major problem right now in our country, and life is normal. Things like unemployment, which the youth are suffering from, and the rate of inflation - these are chronic conditions and we have to solve them.
- Akbar Hashemi Rafsanjani
(Keywords: Life, Country, Inflation, Now, Right, Suffering, Unemployment, Youth)
The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.
- Dixie Lee Ray
(Keywords: Government, Growth, Inflation, Job, Pollution, Reality, Risk)
The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.
- Karl Rove
(Keywords: Growth, Decisions, Difficulty, Inflation, Interest, Public, Taxes, Will)
Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
- John W. Snow
(Keywords: Growth, Inflation, Moderation, Oil)
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
(Keywords: Economy, Environment, Inflation, Needs, Numbers)
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
(Keywords: Bargain, Inflation, Unemployment)
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
(Keywords: America, Inflation, Investment)
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
(Keywords: Being, Country, Inflation, Nixon)