J. Paul Getty Quotes

A dollar approaches honesty as its purchasing power approaches stability.

A billion dollars isn't what it used to be.

Inflation has ... become the cruelest tax, destroying the value of the dollar and adding new costs to every purchase.

When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.

The value of a dollar is social, as it is created by society.

The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

Americans have seen the value of the dollar slowly decline due to the steady erosion of inflation.

When the dollar goes down relative to other currencies, the price of wheat, corn, rice and oil all go up in dollar terms.

The dollar has lost over 90 percent of its value since the Fed was created.

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.

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

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.

The prices of all imports would rise if the dollar depreciates.

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.

And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.

The inevitable consequence of a depreciated currency must be a rise of prices, usually greater than the actual percentage of depreciation. To meet this situation there came a device possible in no other commercial country. The Government fixed prices at which goods could be sold. This mediaeval device could be enforced only in a land where such State interference had been habitual, and, of course, could give to the notes the fictitious purchasing power only inside the country. After the Christian Science fashion, one had only to believe the notes were of value to make them so; but in the cold world outside German jurisdiction their value would be gauged by the chances of getting gold for them.

A cent is the representative of a certain quantity of corn or other commodity. Its value is in the necessities of the animal man. It is so much warmth, so much bread, so much water, so much land.

The currency of any country, whether it be coin or bank-notes, cannot be increased beyond the mercantile wants of that country, without producing a depreciation in the parts which compose the currency.

Requiring the Fed to focus on preserving the purchasing power of the dollar will create a solid foundation for economic growth.

I'm a strong-and-stable-dollar advocate, and the Fed has been moving dangerously away from that mission.

In the United States, after World War II, it took about two decades for the message to slowly seep in that inflation was going to be a permanent fact of the American way of life.

A penny will not buy a penny postcard or a penny whistle or a single piece of penny candy. It will not even, if you're managing the U.S. Mint, buy a penny.

A strong dollar reflects a strong country and a strong economy, and we need to make sure that we get the - stop the practice of devaluing the dollar.