The nation is prosperpus on the whole, but how much prosperity is there in a hole?
Inflation Quotes
There are plenty of good five-cent cigars in the country. The trouble is, they cost a quarter. What the country really needs is a good five-cent nickel.
Imagine believing in the control of inflation by curbing the money supply! That is like deciding to stop your dog fouling the sidewalk by plugging up its rear end. It is highly unlikely to succeed, but if it does it kills the hound.
I wasn’t affected by inflation – I had nothing to inflate.
Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career.
We don’t have to put people out of work to control inflation. The goal of the next decade should be to fight inflation and unemployment through supply-side incentives to put more goods on the shelves. That’s the way to cut prices and boost employment.
Inflation is the senility of democracies.