#inflation

No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come. ↗

— Mark Zandi

#come #counting #expect #generally #home

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

There are two main drivers of asset class returns - inflation and growth. ↗

— Ray Dalio

#class #drivers #growth #inflation #main

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

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

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

We will not play with inflation. We are living a delicate moment. President Obama spoke to me today about the high unemployment affecting the United States. In this crisis period, when the developed nations are not recovering, it's prudent to maintain the established inflation target. ↗

— Dilma Rousseff

#affecting #crisis #delicate #developed #established

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery. ↗

— Karl Rove

#difficulty #growth #higher #higher taxes #his

I forgot my purse of laughter when I dressed this mornin'," she told me. "Have you not bought anythin' the last few days? Prices have gone up. Pay or starve, it's all one to me. ↗

— Tamora Pierce

#humorous-comebacks #inflation #sarcasm #seller #humor