#inflation

When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do. ↗

— Paul A. Volcker

#any #anymore #because #begin #benefit

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

#absence #confiscation #gold #gold standard #inflation

If we have wealth, it will be protected from inflation and possibly even enhanced in value. ↗

— William Greider

#even #inflation #possibly #protected #value

Production is the only answer to inflation. ↗

— Chester Bowles

#inflation #only #production

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

#been #congress #current #failure #hour

We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is. ↗

— Shimon Peres

#costs #freeze #give #imagine #industrialists

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

#conditions #country #inflation #life #like

Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get. ↗

— Franklin Raines

#concerned #get #individuals #inflation #into

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. ↗

— Ronald Reagan

#armed #deadly #frightening #hit #inflation

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price. ↗

— James Chanos

#asset #bubble #building #buy #cash