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Inflation Quotes

Inflation is one of the worst blows for any economy. Inflation is primarily of two kinds- price inflation and monetary inflation. When the prices of goods and materials escalate beyond their general cost over a set period, it is defined as price inflation. Monetary inflation is defined as the rise in the quantity of money in an economy. Rising prices decrease investment nationally, and also lowers the international competitiveness. Inflation has been adversely affecting commoners and old people, since it decreases the value of their savings. As Ronald Reagan, the 40th president of USA says, “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man”.

All said and done, there are several advantages that inflation offers as well, like increased investment and a lower rate of economic recessions among others. Every consumer dreams of deflation, but it is practically impossible. It would result in a delay in consumerism and thus affect the growth of the economy. If inflation is moderate, people tend to adjust to the prices, and it also signifies a healthy economy. Read these famous rising prices quotations and sayings to learn more on inflation.

John Mason Brown

I don't think I have seen raises like the ones we've had the past two years since I've been here - and with relatively low inflation. I think that's highly commendable.

Vladimir Lenin

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.

Ronald Reagan

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up.

Mitt Romney

You can't continue to have higher education tuition grow at a multiple of the rate of inflation.

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.

Stephen Hawking

The Planck satellite may detect the imprint of the gravitational waves predicted by inflation. This would be quantum gravity written across the sky.