...Inflation had risen to the unimaginable figure of just over 100,000 percent by the end of 1947--and it was to go to 2,870,000 percent by the end of 1948... Jung Chang
Since nostaglia is fueled by inflation, could it be that inflation is the result of a conspiracy by the people who are trying to palm off McGovern buttons and Howdy Doody puppets and their Aunt Thelma's toaster as antiques. Calvin Trillin
May 11th, 2023, 2:21 pm
I dumped Twitter - tune in, turn on, on Discord! https://discord.gg/As9DZkGXUM
Pricing power is important in business. You want your business to have the flexibility to raise prices as needed, especially with regard to inflation. ― Hendrith Vanlon Smith
Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise. – Paul Samuelson
Prolonged inflation never ‘stimulates’ the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment. – Henry Hazlitt
"Putting money in a savings account is not going to make anybody rich. It is making the depositors poor every day if you count the inflation." Naved Abdali