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"Commodities have shown a high correlation to inflation, especially in high inflation periods. In addition to diversification, the commodities asset class may also protect investment portfolios against an expected inflation or a declining local currency." »Med Jones
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"inflation is the one form of taxation that can be imposed without legislation." »Milton Friedman
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"inflation is like a woman's waistline the figure(s) is(are) always more than what is potrayed...." »Siddharth Astir
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"inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price." »Robert Orben
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"My father always told me that all businessmen were sons of bitches, but I never believed it till now. -- (Comment made 10 April 1962 in reaction to news that U.S. Steel was raising prices by $6 per ton, right after the unions negotiated a modest new contract under pressure from JFK to keep inflation down.)" »John F. Kennedy, "A Thousand Days," by Arthur Schlesinger Jr. [1965]
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"inflation continues till common man is completely sucked out of money, then recession sets in and continues till he becomes suckable again." »B. J. Gupta
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"Although the protesters in Egypt and neighboring countries are calling for democratic reforms, in reality they are calling for better economic life. Democracy is only a means to an end. I believe the driving forces behind the Tunisian and Egyptian uprisings are economical. A chronic high unemployment combined with an inflation in food prices is a volatile mix that can lead to major civic outbursts." »Med Jones
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"For all the gold and silver stolen and shipped to Spain did not make the Spanish people richer. It gave their kings an edge in the balance of power for a time, a chance to hire more mercenary soldiers for their wars. They ended up losing those wars anyway, and all that was left was a deadly inflation, a starving population, the rich richer, the poor poorer, and a ruined peasant class." »Hans Konig
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"The main difference in the speed of recovery between Argentina in post-2001 and Thailand in post-1997 crises is the exports. Fiscal discipline is necessary but not sufficient without export-driven economic growth. Too much debt can result in prolonged stagnation similar to the Japanese lost-decade of 1990s. With inflation risk on the rise, we could see more socioeconomic troubles and political unrest in economies with thin middle class. 2011-2012 will be challenging for many policy makers." »Med Jones
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"inflation is a force of pressure. If the socioeconomic system of a country is open and democratic, the pressure will dissipate via elections and peaceful change of government. On the other hand, if the system is closed, it might be able to contain the pressure for a while, but the pressure will continue to build up and at a certain point it will exceed the strength of the system causing it to crack. Rulers who learn from history and create a socioeconomic system that is open will achieve stability and continuity. Those who fight against these socioeconomic forces may win some battles in the short term, but they will lose the war." »Med Jones
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| BTW, Why won't you become an editor? |
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