You can't have a regime which continuously subsidizes things; as inflation rises, you keep prices of certain things unchanged.
Sentiment: NEGATIVE
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.
Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise.
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.
I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.
Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.
When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.
After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid major changes in the inflation rate in either direction.
I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.
No opposing quotes found.