#inflation

Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation. ↗

— William Vickrey

#inflation #keep #level #more #percent

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level. ↗

— William Vickrey

#balanced #balanced budget #budget #deficits #does

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain. ↗

— William Vickrey

#bargain #brought #cost #could #down

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

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed. ↗

— Paul A. Volcker

#basis #became #chairman #double-digit #fed

It was the biggest inflation and the most sustained inflation that the United States had ever had. ↗

— Paul A. Volcker

#ever #had #inflation #most #states

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

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

— William Greider

#even #inflation #possibly #protected #value

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