Adi Godrej Quotes

People forget how difficult it is to stop inflation or get it under control… I worry about it all the time.

It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.

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.

Production is the only answer to inflation.

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.

Let's turn inflation over to the post office. That'll slow it down.

There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.

Ask me whether inflation represents longer-term problem. I think there's a potential there for excess reserves to create problems.

I continue to think many of the factors holding down inflation are transitory... We want to be careful not to jump to a premature conclusion about what's in store for the U.S. economy.

The best measure of inflation is what is happening with commodity prices.

Deflation isn't good, and inflation is easier to cure than deflation.

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

During the past two decades, inflation has fallen to a low level in major industrial countries.

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.

We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.

Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear.

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating.

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

It's sort of like a teeter-totter; when interest rates go down, prices go up.

If we continue to print new paychecks at the rate we've been adding them, that mitigates a lot of the damage of higher gasoline prices.

At the end of 1964, wholesale prices had been relatively stable for some years.

Inflation is everywhere and anywhere a monetary phenomenon.

You have to change people’s minds to stop inflation.

There's no such thing as a painless cure for inflation.

The history of interest rates is really the history of inflation. When inflation is high, interest rates are high, and when inflation is low, interest rates are low.