Calvin Coolidge Quotes

Inflation, being a fraudulent invasion of property, could not take place on the free market.

I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

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

If there were no debts in our money system, there wouldn't be any money.

The United States has experienced high rates of inflation in the past and appears to be running the same type of fiscal policies that engendered hyperinflations in 20 countries over the past century.

The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .

Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.

Always inflation comes gradually; is recognized too late; and can be cured only by ruthless political surgery, which, if delayed too long, proves futile.

Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of taxation.

I got quarters in my loafers trying to fight inflation when it only used to take a cent.

Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.

Domestic inflation reflects domestic monetary policy.

I reject the advice of those who think the only way to fight inflation is to throw millions of people out of work .... I guarantee you that I will not fight inflation with your jobs.

In all Sovereignties in Europe where Paper-Money was introduced, great Inconveniencies happened; upon canceling this Paper Medium all those Inconveniencies did vanish

One proposes raising the value of specie when the King's debts are large, and lowering it when his revenues were to come in, that so he might both pay much with a little, and in a little receive a great deal: another proposes a pretence of a war, that money might be raised in order to carry it on, and that a peace be concluded as soon as that was done; and this with such appearances of religion as might work on the people, and make them impute it to the piety of their prince, and to his tenderness for the lives of his subjects.

When you get inflation, you get massive distortions of the economy.

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Having a little inflation is like being a little bit pregnant.

If by carelessness in controlling inflation and imposing controls on our general economy we are unable to meet these temporary but vital calls upon us, we will be courting real disaster.

No one single thing that we do will control inflation

The natural tendency of the state is inflation.