#inflation

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

#because #before #bond #destroyed #faith

What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. ↗

— Ray Dalio

#balanced #different #encourage #entire #essentially

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

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

#alert #bad #being #branded #called

Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear. ↗

— Gavyn Davies

#dear #deflation #held #indeed #inflation

Bring on hyperinflation! I want to be a millionaire with minimal work. ↗

— Jarod Kintz

#humor #hyperinflation #funny

Inflation is the one form of taxation that can be imposed without legislation. ↗

— Milton Friedman

#imposed #inflation #legislation #taxation #without

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

#bring #currency #economic #first #inflation

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ↗

— Sam Ewing

#dollars #fifteen #five #get #had

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

#anyone #barrel #been #bring #certainly