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Inflation Quotes

Sharp lines on prices, policy, and economic pressure

These inflation quotes range from stark warnings about taxation eroding wealth to calmer notes on how deficits alone don't dictate prices. Pair them with our Economy quotes for the bigger picture.

You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.

Quotes by Adi Godrej

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

Quotes by William Vickrey

If we have wealth, it will be protected from inflation and possibly even enhanced in value.

Quotes by William Greider

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

Quotes by Vladimir Lenin

Adjusted Quotes

We have been mandated by the government, backed by legislation, that we have to have an inflation target of about 4%.

Quotes by Urjit Patel

It is important to recognise near- and medium-term risks to the inflation outlook.

Quotes by Urjit Patel

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

Quotes by Toshihiko Fukui

Until the Fed dumps inflation targeting and the U.S. abandons its weak-dollar policy, inflation will rule the day.

Quotes by Steve Hanke

The best measure of inflation is what is happening with commodity prices.

Quotes by Stephen Moore

Against Quotes

Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.

Quotes by Sri Mulyani Indrawati

We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is.

Quotes by Shimon Peres

Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.

Quotes by Russ Carnahan

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

Quotes by Ronald Reagan

Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.

Quotes by Robert Reich

Economy Quotes

Inflation is the crabgrass in your savings.

Quotes by Robert Orben

There are two main drivers of asset class returns - inflation and growth.

Quotes by Ray Dalio

When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.

Quotes by Ray Dalio

Under Reagan's policies, inflation and nominal GNP growth shriveled much faster than predicted, throwing off government revenue estimates and resulting in budget deficits.

Quotes by Paul Craig Roberts

It was the biggest inflation and the most sustained inflation that the United States had ever had.

Quotes by Paul A. Volcker

Expectations Quotes

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

Quotes by Paul A. Volcker

Frequently Asked Questions

What do inflation quotes commonly discuss?
They cover how taxation and inflation can squeeze wealth, how deficits alone don't guarantee rising prices, and how policymakers weigh near-term risks to keep prices stable.
Do these quotes offer economic warnings?
Yes, one warns that inflation can be used to pressure wealth through heavy taxation, while another argues that a balanced budget alone won't stabilize prices.
Is protecting wealth from inflation mentioned?
Yes, one quote notes that genuine wealth tends to hold its ground against inflation and may even grow in value over time despite rising prices.
Do any quotes discuss central bank policy?
One highlights the importance of tracking short-range and mid-range threats to where prices are heading, a nod to how policymakers try to stay ahead of pressure.
Are these inflation quotes historical or modern?
They span both eras, from older economic warnings about taxation to more recent language about inflation outlook. See Economy quotes for broader context.

Some voices here treat inflation as a threat to guard Against, while others focus on managing Expectations around future price risk.