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Inflation Quotes

If inflation is the genie, then deflation is the ogre that must be fought decisively.

"Davos Dilemma: How To Help, Not Harm, World’s Fragile Recovery", www.huffingtonpost.com. January 21, 2014.

Continued inflation inevitably leads to catastrophe.

Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

Inflation is repudiation.

Calvin Coolidge (2001). “The Price of Freedom: Speeches and Addresses”, p.110, The Minerva Group, Inc.

Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping.

"Inequality for All: Robert Reich Warns Record Income Gap Is Undermining Our Democracy". "Democracy NOW!" with Amy Goodman, www.democracynow.org. September 13, 2013.

Inflation, being a fraudulent invasion of property, could not take place on the free market.

Murray Newton Rothbard (1981). “What Has Government Done to Our Money?”, p.48, Ludwig von Mises Institute

There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.

Ha-Joon Chang (2007). “Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism”, Bloomsbury Press

Let's turn inflation over to the Post Office. That'll slow it down.

"Morris K. Udall, Fiercely Liberal Congressman, Dies at 76" by Richard Severo, www.nytimes.com. December 14, 1988.