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Quote by Walter Scott

Work

The waverly novels

The Waverly Novels is a series of works that collectively explore the lives and adventures of the Waverly family across various historical and social contexts. more

Author

Walter Scott
Walter Scott

Walter Scott, born on August 15, 1771, and died on September 21, 1832, was a renowned British baronet. He is best known for his extensive literary works, particularly his historical novels and poetry. more

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“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.”