#inflation

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today. ↗

— Martin Feldstein

#argued #cost #economists #high #inconvenience

We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation. ↗

— Martin Feldstein

#down #gain #inflation #large #necessary

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

— Toshihiko Fukui

#decades #during #fallen #industrial #inflation

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go. ↗

— Bill Gross

#company #economy #future #go #higher

In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today. ↗

— Peter Thiel

#could #going #growth #happening #inflation