economic fluctuation Quotes

Greece's history in the drachma was an up-and-down history, a roller coaster.

Listen, I wish economic growth only went in one direction. It doesn't. There are economic downturns. They're painful, they're harmful, and they hurt families.

History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust.

There has always been, and there always will be, an economic cycle.

First I was rich, then I was poor, now I am rich, again and I want to stay that way.

No President has yet repealed the business cycle.

Gordon Brown promised to abolish boom and bust. He has kept half his promise.

When everybody has got money they cut taxes, and when they're broke they raise them. That's statesmanship of the highest order.

There is no evidence that the business cycle has been repealed.

By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.

Pittsburgh, for a while, became a production centre. There was one $400 million year. Hollywood was bringing productions in there. Films like 'The Silence of the Lambs' and 'Innocent Blood.' So my guys, the guys I worked with, were able to have careers and live at home. But then it dried up, and a lot of my friends left.

In good yeares corne is hay, in ill yeares straw is corne.

When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.

Declines in specific industries can never ignite a general depression. Shifts in data will cause increases in activity in one field, declines in another.

An economic recession—even when it is of long duration—does not necessarily involve a decline in all trades.

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.

No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen.

Nobody is more capable of detecting eventual economic fluctuation than women, since they monitor the increases and decreases of their home's budgets.

In the best of years, millions of jobs are lost.

There were periods when the art market got overheated, but there is no reason it should appreciate dramatically.

The inborn instability of capitalism has been part of the history of the system for several hundred years.

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.

A city built on rivers and bituminous coal, Pittsburgh in the '90s has survived the boom and bust years.

You have to remember a lot of business is very cyclical.