Quotes of All Topics . Occasions . Authors
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
If the world's using bitcoin, governments won't be able to fund wars through inflation like they do today.
We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.
Well, I think the global economy is in the position for continuing good growth with inflation well in check.
The rate of inflation can't be judged accurately by a few items the government arbitrarily chooses to measure.
If people expect high inflation and raise wages to reflect the high inflation, then it becomes self-fulfilling.
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Until the Fed dumps inflation targeting and the U.S. abandons its weak-dollar policy, inflation will rule the day.
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.
Artificial inflation of stocks must be considered a crime as serious as counterfeiting, which it closely resembles.
If I finish my term and have inflation down to a single digit, I will be very happy. That's four years of hard work.
I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.
Growth is always there in the MPC's scheme of things; we don't lose sight of that, but not at the cost of inflation.
Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.
Inflation is taking up the poverty line, and poverty is not just economic but defined by way of health and education.
I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year.
I've talked about commodity price volatility in the past: go back to the tape... I never said it was about inflation.
We have been mandated by the government, backed by legislation, that we have to have an inflation target of about 4%.
The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.
Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping.
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.
This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it.
Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.
For risk management reasons, we need to make sure we hit our inflation objective at the same time we're at full employment.
Inflation is not all bad. After all, it has allowed every American to live in a more expensive neighborhood without moving.
Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.
I've made a commitment that state spending in Vermont won't grow any more than the rate of inflation plus population growth.
During the slow recovery after the Great Recession, inflation was very low, and it took us a while to get it back moving up.
The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created.
You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.
It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.
It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.
Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
If you are looking for a hedge for potential inflation for the future and have a longer term view, then gold is still a good bet.
The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.
Ask me whether inflation represents longer-term problem. I think there's a potential there for excess reserves to create problems.
Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.
I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.
Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.
In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.
Prisoners have benefited disproportionately from 'rights inflation' - the expansion of human rights into unforeseen nooks and crannies.
Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.
If I were in charge of the government, I would index the minimum wage to inflation, so that way, everybody knows what they can count on.
There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.
If you want to slow medical inflation in the private sector, it makes sense to expand the government's investment in private health care.
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
The benefits of freer trade, such as job creation, lower inflation, and greater consumer choice, are often invisible or only partly visible.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.