A Quote by Fran Lebowitz

People (a group that in my opinion has always attracted an undue amount of attention) have often been likened to snowflakes. This analogy is meant to suggest that each is unique - no two alike. This is quite patently not the case. People, even at the current rate of inflation - in fact, people especially at the current rate of inflation - are quite simply a dime a dozen. And, I hasten to add, their only similarity to snowflakes resides in their invariably and lamentable tendency to turn, after a few warm days, to slush.

Fran Lebowitz

Quote Topics

Add After Alike Always Amount Analogy Attention Attracted Been Case Current Days Dime Dozen Each Even Fact Few Group In Fact In My Opinion Inflation Invariably Meant Often Only Opinion People Quite Rate Resides Similarity Simply Slush Suggest Tendency Turn Two Unique Warm

Quote Author

Fran Lebowitz
American - Journalist
Born: October 27, 1950

In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment.

Paul Ormerod

When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride.

Adi Godrej

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.

Franklin Raines

Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation." "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.

Milton Friedman

After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid major changes in the inflation rate in either direction.

Ben Bernanke

The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.

Paul McCulley

Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.

Janet Yellen

If you're a poor worker - this is for new workers coming into the workplace - your benefits will increase at the current rate of increase. If you're a wealthier worker, your benefits would increase at the rate of inflation. And those changes would affect positively the unfunded liabilities inherent in Social Security.

George W. Bush

Very few countries grow at high rate if inflation is high and volatile. I think, in a way, we are doing our bit to support a higher growth rate, but on a durable basis.

Urjit Patel

I think people are as individual as snowflakes, they kinda look alike but no two are the exactly the same, and all classification is the root of prejudice.

Craig Ferguson

At the end of the day, inflation has been below 2% for quite a long time, and to me, symmetry means getting somewhere above 2% inflation at some point in my Fed career.

Charles L. Evans

I almost always recommend investors get fully invested, since it's better to put your money to work than to let it simply track the rate of inflation.

Louis Navellier

The rate of inflation can't be judged accurately by a few items the government arbitrarily chooses to measure.

James Cook

I'm a snowflake. And so are you. Your children are snowflakes. And so are mine. And those who protest the loudest about not being snowflakes? I can see your six-fold ice crystals from here! Because every person, empirically, is unique.