#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

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

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. ↗

— Vladimir Lenin

#bourgeoisie #crush #grind #inflation #taxation

Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won't grow any faster than the rate of inflation. ↗

— Suze Orman

#avoiding #benefits #bonds #completely #could

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

#almost #anonymity #because #continued #dreaded

Inflation is the crabgrass in your savings. ↗

— Robert Orben

#inflation #savings #your

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

#attempting #fulfill #inflation #larger #larger scale

Taxes on capital, taxes on labor, inflation, bureaucratic regulation, minimum wage laws, are all - to different degrees - unnecessary slices of the wedge that stand between an individual's effort and reward for that effort. ↗

— Jack Kemp

#bureaucratic #capital #degrees #different #effort

The real problem is deflation. That is the opposite of inflation but equally serious to the borrower. ↗

— Jack Kemp

#deflation #equally #inflation #opposite #problem