#Inflation Quotes

“Invest in inflation. It is the only thing going up.”

“Our country has plenty of five-cent cigars, but the trouble is they charge fifteen cents for them.”

“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.”

“Inflation could be a very - is a likely consequence out of what's going on now.”

“What's going to happen - things we're doing are going to have some inflationary consequences.”

“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.”

“If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.”

“People who think a tax boost will cure inflation are the same ones who believe another drink will cure a hangover.”

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

“When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident.”

“There was a time when "sound as a dollar" was a description, not a joke.”

“The lesson is clear. Inflation devalues us all.”

“If the economy of today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase if that were necessary.”

“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.”