(1970 quotes found)
“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
“We will never try to develop a strategy that wins on price. There is nothing unique about pricing.”
Josh S. Weston
“Inflation is taxation without legislation”
Milton Friedman
“If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless”
Thomas Jefferson
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”
Vladimir Lenin
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
Ernest Hemingway
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.”
Ronald Reagan
“Inflation is the one form of taxation that can be imposed without legislation.”
“Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career”
Bill Vaughn
“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.”
Alan Greenspan
