#inflation

Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not. ↗

— Henry Hazlitt

#poverty #qe #money

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

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

During the past two decades, inflation has fallen to a low level in major industrial countries. ↗

— Toshihiko Fukui

#decades #during #fallen #industrial #inflation