Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
quote by Martin Feldstein
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We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.
quote by Martin Feldstein
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And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.
quote by Barack Obama
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We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.
quote by John W. Snow
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It was the biggest inflation and the most sustained inflation that the United States had ever had.
quote by Paul A. Volcker
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When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
quote by Paul A. Volcker
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You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.
quote by Paul A. Volcker
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They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.
quote by Franklin Raines
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The Cost Of Living
The cost of living is the price we pay
for all those things we need each day
and when calculated over a period of time
works out to a figure that’s likely to climb.
And if our wants go far beyond our needs
we have to get paid well then for our deeds.
But if what we earn can’t match that pace
we’ll have to slow down and not lose face.
Or perhaps consider some additional means
to support what we take on as our routines.
When our lifestyle doesn’t make a hole in our pocket
and the cost of living where we are doesn’t skyrocket
then the rate of inflation there is said to be low
so we can afford to buy those things we know.
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poem by George Krokos
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For your inconvenience
I will pay more money
I will make you beg to me
For your inconvenience
I will swallow my pride
I will play cheap drama
For your inconvenience
I will look right into your eyes
I will never let you escape
For your inconvenience
I will question every action
I will show more confidence
For your inconvenience
I will create a labyrinth
I will put you on my chess board
For your inconvenience
I will block your sight
I will hide the answer you ask
For your inconvenience
I will make your life difficult
I will torture you to death
For your inconvenience
I will manipulate your words
I will trick your mind
For your inconvenience
I will grow false sympathy
I will make you follow me
For your inconvenience
I will catch your feeling
I will disturb your dream
For your inconvenience
poem by Maria Sudibyo
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I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.
quote by William E. Simon
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Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
quote by William Vickrey
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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.
quote by Robert Orben
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However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition is rising and will continue to rise as the administration's policies force inflation.
quote by Tim Bishop
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My Next Thirty Years
(track 12 - time 3:37)
(phil vassar)
I think Ill take a moment, celebrate my age
The ending of an era and the turning of a page
Now its time to focus in on where I go from here
Lord have mercy on my next thirty years
Hey my next thirty years Im gonna have some fun
Try to forget about all the crazy things Ive done
Maybe now Ive conquered all my adolescent fears
And Ill do it better in my next thirty years
My next thirty years Im gonna settle all the scores
Cry a little less, laugh a little more
Find a world of happiness without the hate and fear
Figure out just what Im doing here
In my next thirty years
Oh my next thirty years, Im gonna watch my weight
Eat a few more salads and not stay up so late
Drink a little lemonade and not so many beers
Maybe Ill remember my next thirty years
My next thirty years will be the best years of my life
Raise a little family and hang out with my wife
Spend precious moments with the ones that I hold dear
Make up for lost time here, in my next thirty years
In my next thirty years
song performed by by Tim McGraw
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If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
quote by William Vickrey
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To Mrs. Thrale on Her Completing Her Thirty-fifth Year
Oft in danger, yet alive,
We are come to thirty-five;
Long may better years arrive,
Better years than thirty-five.
Could philosophers contrive
Life to stop at thirty-five,
Time his hours should never drive
O'er the bounds of thirty-five
High to soar, and deep to dive,
Nature gives at thirty-five.
Ladies, stop and tend your hive,
Trifle not at thirty-five;
For, howe'er we boast and strive,
Life declines from thirty-five:
He that ever hopes to thrive
Must begin by thirty-five:
And all who wisely wish to wive
Must look on Thrale at thirty-five.
poem by Samuel Johnson
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Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
quote by Robert Reich
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If I Had a Nickel For Each of Your Thoughts
If I had a nickel for each of your thoughts,
I'd still be awaiting for some sense you make.
To share something between us that is common.
And maybe it is the inflation done,
That prolongs my impatience.
poem by Lawrence S. Pertillar
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Find Your Smile
'Smile and the world smiles with you, ' so the saying goes,
where it came from, where it was born, no-one really knows.
But truth will out, where theres a smile because it is contagious,
be it just a little grin, or a smile completely outragious.
A smile come not just from the lips, for it does not then begile,
it comes from within your eyes, for it is there, you find a smile.
From the eyes of a small child, or from a face up in years,
a real smile stretches, yes, from both of your ears.
Some days though, to smile is very hard, if you have worries or trepidation,
it could be health, work of even costly inflation.
But for today, let those thoughts and worries drift far, far away,
help the world shine with your smile, and make it last all day.
poem by Ruth warren
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High Price Of Hate
Got the eyes of a vulture
As you gaze from your meaningless throne
And the pain that youve been selling
Id rather die before Id own
Ill call you a doctor
Or find you a priest
cause no one can save you
And you wont get no peace
Ive felt your displeasure
And girl I used to relate
So dont hand me no anger
Ill be crushed by the weight
Thats the high price of hate
Thats the high price of hate
Lord whats the cost of my fate
Shell lay out wide open
Like a surgical knife
Ive watched it take over
Whats left of your miserable life
Shell live on deception
Your pleasures long dead
Your soul is left bleeding
From the lies that you spread
Dont pull on my collar
I wont rise to debate
Dont ask me for comfort
Youre a lifetime too late
Thats the high price of hate
Thats the high price of hate
Lord whats the cost of my fate
Oooh, theres a storm overhead
Will it ever end baby
Its all inside your head
Is it gonna end
Thats the high price of hate
Thats the high price of hate
Yeah, I hope I aint asking too late
Thats the high price of hate
Thats the high price of hate
song performed by by Toto
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