Inflation

Posted by admin on Friday, May 10, 2024

Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.

Evan Esar: Frugality to Last Longer
Evan Esar Money Quotation saying where cash originated doesn't determine the value it has or whether you invest and save wisely
George Gobel: Inflation & Working Dogs
Funny Money Quotes: Working hard is not something we attribute to animals, but somehow dogs got the reputation as hard workers
Kathleen Norris: Cost of Living
Funny Money Quote: Regardless what it costs to live - most of us continue doing so, when we can't afford to. Opting out over money problems
Thomas Jefferson on Bank Control
Thomas Jefferson Money Quotation saying controlling the ebb and flow of cash in our society is a complex process of regulation, taxation and legislation that banks should have less control of
John Maynard Keynes: Debauchery of Currency
John Maynard Keynes on Basis of Society and how to overturn the currency of a free society by controlling value of money and controlling it

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