A Quote by Sylvia Townsend Warner

Inflation is the senility of democracies.

Sylvia Townsend Warner

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Inflation Senility

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Sylvia Townsend Warner
English - Novelist
December 6, 1893 - May 1, 1978

I think democracies are prone to inflation because politicians will naturally spend [excessively] - they have the power to print money and will use money to get votes. If you look at inflation under the Roman Empire, with absolute rulers, they had much greater inflation, so we don't set the record. It happens over the long-term under any form of government.

Charlie Munger

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

The stakes are geopolitical in nature and I believe that democracies are - people want to live in free societies, democracies are the best way to do that, and that if people see democracies in the neighborhood, they'll demand the same thing.

George W. Bush

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

Ludwig von Mises

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.

Ludwig von Mises

During the 1970s, inflation expectations rose markedly because the Federal Reserve allowed actual inflation to ratchet up persistently in response to economic disruptions - a development that made it more difficult to stabilize both inflation and employment.

Janet Yellen

Models used to describe and predict inflation commonly distinguish between changes in food and energy prices - which enter into total inflation - and movements in the prices of other goods and services - that is, core inflation.

Janet Yellen

The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating together. As a result of the monetary inflation (when all of the newly created money begins to leave the banks and enter the system), the price inflation will be worldwide.

Peter DeGraaf

There are many democracies in our Arab and Islamic countries, but unfortunately, they are all false democracies.

Yusuf al-Qaradawi

We should encourage governments to be sustained by citizens' taxes - that is, democracies. Democracies will be enduring allies of America.

Iqbal Quadir

Republics decline into democracies and democracies degenerate into despotisms.

Aristotle

It is a law of governance that democracies have to spend themselves dizzy. Citizens of democracies can, after all, tell their government to give them things.

P. J. O'Rourke

We have to realize that science is a double-edged sword. One edge of the sword can cut against poverty, illness, disease and give us more democracies, and democracies never war with other democracies, but the other side of the sword could give us nuclear proliferation, biogerms and even forces of darkness.

Michio Kaku

Democracies don't war; democracies are peaceful countries.

George W. Bush

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

It’s hard to build models of inflation that don't lead to a multiverse. It’s not impossible, so I think there’s still certainly research that needs to be done. But most models of inflation do lead to a multiverse, and evidence for inflation will be pushing us in the direction of taking [the idea of a] multiverse seriously.

Alan Guth

A Quote by Sylvia Townsend Warner

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