#inflation

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation. ↗

— James Buchan

#adjusted #age #average #barrel #century

Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy. ↗

— John Conyers

#america #care #citizens #competitive #contributes

Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation. ↗

— Robert Reich

#comprise #haven #inflation #median #percent

But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation. ↗

— John W. Snow

#capacity #certainly #clearly #continually #doing

We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage. ↗

— John W. Snow

#eye #far #global #inflation #keep

Well, I think the global economy is in the position for continuing good growth with inflation well in check. ↗

— John W. Snow

#continuing #economy #global #global economy #good

Whomsoever controls the volume of money in any country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate. ↗

— James Garfield

#control #depression #economy #finances #government

When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up. ↗

— Ray Dalio

#down #go #growth #inflation #stocks

The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure. ↗

— William Vickrey

#effect #enter #exert #high #inflationary

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