Adi Godrej Quotes

The natural tendency of the state is inflation.

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

Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.

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.

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.

It was the biggest inflation and the most sustained inflation that the United States had ever had.

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

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 hope that more Canadians will become interested in in how the inflation rate target affects our purchasing power, our standard of living and therefore our life.

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

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

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.

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.

Production is the only answer to inflation.

Well, I think the global economy is in the position for continuing good growth with inflation well in check.

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.

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

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

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.

To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.

To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.

Domestic inflation reflects domestic monetary policy.