Posts Tagged ‘inflation’
« Previous Page — Next Page »W. Edwards Deming: That’s Inflation
on Friday, November 25, 2022Meaning of W. Edwards Deming Money Quote: saying worker productivity shouldn’t decline and prices must reflect sufficient profit in pricing to avoid inflation. W. Edwards Deming said:
“Declining productivity and quality means your unit production costs stay high but you don’t have as much to sell. Your workers don’t want to be paid less, so to maintain profits, you increase your prices. That’s inflation” — W. Edwards Deming
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Dwight D. Eisenhower: Sound Dollar
on Thursday, November 24, 2022Meaning of Dwight D. Eisenhower Money Quote: saying stability of the dollar keeps prices acceptable and stops dwindling of assets. Dwight D. Eisenhower said:
“For every American this matter of the sound dollar is crucial. Without a sound dollar, every American family would face a renewal of inflation, an ever-increasing cost of living, the withering away of savings and life insurance policies” — Dwight D. Eisenhower
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Jacques Rueff: Inflation Expenditure
on Wednesday, November 23, 2022Meaning of Jacques Rueff Money Quote: saying inflation seems to magically make money disappear and at the same time cover subsidies. Jacques Rueff said:
“Inflation consists of subsidizing expenditures that give no returns with money that does not exist” — Jacques Rueff
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Elias Canetti: Inflation Identity
on Tuesday, November 22, 2022Meaning of Elias Canetti Money Quote: saying What is it that happens in an inflation? The unit of money, There in one’s hand, are no longer millions in fact, but only in name. Elias Canetti said:
“What is it that happens in an inflation? The unit of money suddenly loses its identity. The crowd it is part of starts growing and, the larger it becomes, the smaller becomes the worth of each unit. The millions one always wanted are suddenly there in one’s hand, but they are no longer millions in fact, but only in name” — Elias Canetti
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Hendrith Vanlon Smith: Inflate Costs
on Monday, November 21, 2022Meaning of Hendrith Vanlon Smith Money Quote: saying growing business income is necessary to cover growing expenses of inflation is critical. Hendrith Vanlon Smith said:
“It’s important to always keep the business’ assets growing. Inflation will make sure that expenses grow, so each business needs to make sure that it’s assets are growing to at least compensate for those inflationary pressures” — Hendrith Smith
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Hendrith Vanlon Smith Jr: Inflation %
on Sunday, November 20, 2022Meaning of Hendrith Vanlon Smith Jr. Money Quote: saying One business expense many owners fail to budget is inflation. Hendrith Vanlon Smith Jr. said:
“You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy. If inflation is 2% for example, that means the economy is charging your business a 2% annual fee and so you gotta make sure your income and total assets grow at minimum 2% annually just to keep up” — Hendrith Vanlon Smith Jr
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William F. Buckley Jr: Inflation Policy
on Saturday, November 19, 2022Meaning of William F. Buckley Jr. Money Quote: saying monetary policy solutions to inflation seems to exacerbate financial problems. William F. Buckley Jr. said:
“The inflation that comes inevitably with government pump-priming soon catches up with the laborer, wipes away any real increase in his wages, discourages private investment, and sets off a new deflationary spiral which can in turn only be counteracted by more coercive and paternalistic government policies” — William F. Buckley Jr.
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Margaret Thatcher: Robber Inflation
on Friday, November 18, 2022Meaning of Margaret Thatcher Money Quote: saying Inflation steals from savings accounts and brings unemployment. Margaret Thatcher said:
“Inflation is the parent of unemployment and the unseen robber of those who have saved” — Margaret Thatcher
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