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Hyperinflation Quotes

Browse 16 quotes about Hyperinflation.

Hyperinflation Quotes

“Eddie Money and Johnny Cash are similar, but not related. The first is something real, and the latter will soon suffer from hyperinflation.”

Humor Wealth Money Music Cash Inflation Hyperinflation Johnny Cash Eddie Money

Book:Eggs, they’re not just for breakfast

Source: Eggs, they’re not just for breakfast

“The dollar today will be worth ten cents a decade from now.”

Money Worth Worthless Inflation Dollar Depreciation Hyperinflation A Decade From Now Ten Cents The Dollar Today

Author:Steven Magee

“A penny saved is a penny wasted. Thanks, fiat currency and inflation!”

Humor Money Economy Investing Inflation Savings Hyperinflation Fiat Currency

Book:There are Two Typos of People in This World: Those Who Can Edit and Those Who Can't

Source: There are Two Typos of People in This World: Those Who Can Edit and Those Who Can't

“Do you sometimes get drunk and take a bath in a pile of cash? If so, you may be suffering from hyperinflation.”

Humor Money Absurd Drunk Cash Inflation Bath Hyperinflation

Book:I design saxophone music in blocks, like Stonehenge

Source: I design saxophone music in blocks, like Stonehenge

“Johnny Cash isn’t king. Not in this inflationary economy. He should have called himself Johnny Gold, but that sounds too full of usury. But Johnny Duckeggs, now THAT sounds kingly.”

Money Gold Ducks Inflation Duck Duck Quote Duck Quotes Hyperinflation Johnny Cash

Book:Music is fluid, and my saxophone overflows when my ducks slosh in the sounds I make in elevators.

Source: Music is fluid, and my saxophone overflows when my ducks slosh in the sounds I make in elevators.

“What is hyperinflation? It is the dramatic process of an established currency losing its usefulness as money. Prices rise rapidly and uncontrollably as a result of excessive money printing and a loss of confidence in the currency.”

Money Inflation Zimbabwe Hyperinflation

Book:When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

Source: When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

“Interventionism inevitably leads to socialism, central banking inevitably leads to hyperinflation, total cashlessness inevitably leads to total surveillance, and "guaranteed income" inevitably leads to guaranteed enslavement. A deadly poison remains a deadly poison even when ingested in a gradual manner.”

Socialism Enslavement Central Banks Interventionism Universal Basic Income Hyperinflation Guaranteed Income Cashless Society

Author:Jakub Bożydar Wiśniewski

“Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.”

Country Happens Strong Risk Lows Independent Congress Feds Very Strong Stable Reserves Inflation Mandates Federal Reserve Strong Man Strong Independent Hyperinflation

Author:Timothy Geithner

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

Bigs Rate Arguing Destructive Logical Inflation Hyperinflation

Book:Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

“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.”

Country States Running Past United United States Century Policy Type Rate Investing Inflation Over The Past Fiscal Policy Hyperinflation

Author:Laurence Kotlikoff

“The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the corner. Once the recession is over, the lending will start again. With fractional-reserve banking and limitless supplies of cash on hand, we will likely see the overall price trends reversed, from deflation to inflation to possible hyperinflation.”

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

Source: The Economic Consequences of the Peace

“The best way to destroy the capitalist system is to debauch the currency.”

Way Interesting Economic Economics Best Way Capitalist Currency Inflation Distribution Of Wealth Hyperinflation

Author:Vladimir Lenin

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

Government Taxes Rate Saving Bother Officials Savings Hyperinflation

Author:Thomas Sowell

“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.”

Ifs Firsts Gone Increase Threat Episodes Inflation Hints Hyperinflation

Author:James Surowiecki

“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.”

Ifs Ability Feds Hyperinflation

Author:Chuck Grassley