Quotes About Hyperinflation

#1. Check out London, Manhattan, Aspen and East Hampton real estate prices, as well as high-end art prices, to see what the leading edge of hyperinflation could look like.

Paul Singer

#2. Table 9.1 shows the soaring number of Reichsmarks needed to buy one US dollar, which indicates the trend in consumer inflation in Weimar Germany preceding and during its hyperinflation. Note

James Turk

#3. Economies typically do not function well in hyperinflation. The real value of government debt might disappear, but the economy is likely to disappear with it.

Eugene Fama

#4. There is a big logical jump between acknowledging the destructive nature of hyperinflation and arguing that the lower the rate of inflation, the better.

Ha-Joon Chang

#5. The Fed has the ability to put money out, it's got the ability to take money back in, and if they don't do that, we will have hyperinflation worse than we had in 1980 and 1981.

Chuck Grassley

#6. Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they're likely to increase prices, since they've learned that if they don't, and inflation hits, their businesses will be wrecked.

James Surowiecki

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

Thomas Sowell

#8. The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record of responsible paper money management ... The record taken, as a whole is one of hyperinflation, devaluation and monetary chaos.

Henry Hazlitt

#9. God is unknown; anything we said about God has no validity, because our knowledge about Him is zero, absolutely nothing!

Mehmet Murat Ildan

#10. Today is one of those days that I feel very happy because you celebrate one more year of life.

Auliq Ice

#11. So the Inca Trail isn't just a pretty shortcut that Pachacutec took on his way to his summer home?" "Mark, you can't finish the Inca Trail and not know that this was the end point of a pilgrimage.

Mark Adams

#12. Chemically induced hallucinations, delusions and raptures may be frightening or wonderfully gratifying; in either case they are in the nature of confidence tricks played on one's own nervous system.

Arthur Koestler

#13. A brave man in a brave country. It was easy to be brave, when the country was also brave. But what happened if it wasn't? If it was corrupt, and grotesque, and greedy, and violent?

Louise Penny

#14. To best deal with unsafe people, we first need to understand what causes us to be unsafe. For the problem is not just outside us; it is inside every one of us.

Henry Cloud

#15. Even if you Can't Change the World, you Can Change Individuals

Dan Howell

#16. If you want your children to listen, try talking softly - to someone else.

Ann Landers

#17. We who believe in Divine Providence, in life after death, in salvation and resurrection; we, of all people, when faced with catastrophe, must go on with courage, faith, and hope.

Benedict Groeschel

#18. I only do business with the people I do business with. The people I do business with find out I do business with the people I don't do business with ... I can't do business with you.

John Guare