Adi Godrej Quotes

When you have a perfect free market, it's difficult to predict the future. But when you have a market that is disturbed by government manipulations and money-printing, it's impossible to make any predictions.

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.

We don't have a major problem right now in our country, and life is normal. Things like unemployment, which the youth are suffering from, and the rate of inflation - these are chronic conditions and we have to solve them.

To face deflation, you have to have people accepting it and not reacting to it.

Republicans don't seem to mind taking inflation into account when the subject is tax rates.

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

Growth is good for this society as long as it doesn't pass the point of tripping off inflation.

We simply cannot check inflation by keeping people out of work.

No complicated scheme of relief, no plan for government fixing of prices, no resort to the Public Treasury will be of any value …

I'll see to it that prices remain stable. That's what I have my storm troopers for.

Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing.

The natural tendency of the state is inflation.

The best time to make deficit reduction a priority is when the inflation rate and the bond market give you some indication that you are headed for a dangerous inflationary spiral.

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.

Paul Volcker is a tremendous hero with the Federal Reserve system and for the American economy. He took very tough actions and helped to break the back of double-digit inflation at a time when it had to be done.

Inflation in Russia is primarily related to internal factors.

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.

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

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

Keynes was scarcely a 'revolutionary' in any real sense. He possessed the tactical wit to dress up ancient statist and inflationist fallacies with modern, pseudoscientific jargon, making them appear to be the latest findings of economic science.

There is no need for government to intervene in money and prices because of changing population or for any other reason. The 'problem' of the proper supply of money is not a problem at all.

The Federal Reserve's monetary policy objective is to foster maximum employment and price stability. In this regard, a key challenge is to assess just how far the economy now stands from the attainment of its maximum employment goal.

It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.

The only way to ensure that inflation expectations remain safely anchored near the FOMC's target is to keep inflation close to that target on a consistent basis.