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Quote by Ken Kesey

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Ken Kesey
Ken Kesey

Ken Kesey was an influential American author best known for his anti-establishment novel 'One Flew Over the Cuckoo's Nest'. His works often delve into social and political issues, and are celebrated for their unique narrative style and profound insights. more

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“Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.”

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.”