Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in… — Michael Hudson Copy Share Image
Any money the government spends must be taxed, borrowed or conjured out of thin air by the Federal Reserve, and that will… — John Stossel Copy Share Image
Instability mostly comes from the interface between the fact that the banks (or shadow banks) can create credit, money, and purchasing power… — Adair Turner, Baron Turner of Ecchinswell Copy Share Image
The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by… — Joseph Salerno Copy Share Image
Purchasing power is a license to purchase power. The old proletariat sold its labour power in order to subsist; what little leisure… — Raoul Vaneigem Copy Share Image
Is it any more moral to dilute the value of the purchasing power of the money you hold in your wallet than… — Ron Paul Copy Share Image
Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. — Henry Hazlitt Copy Share Image
That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion… — Benjamin Franklin Copy Share Image
The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than… — Martin Feldstein Copy Share Image
Broadly speaking, Keynesianism means that the government has a specific responsibility for the behavior of the economy, that it doesn't work on… — John Kenneth Galbraith Copy Share Image
A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms. — David Dreman Copy Share Image
Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a… — Suze Orman Copy Share Image
Singer and actress Gertrude Lawrence once overheard an assistant describing the beauty of a coat she knew she could never even dream… — Sheridan Morley Copy Share Image
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to… — Peter Schiff Copy Share Image
Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well… — Louis O. Kelso Copy Share Image
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut… — Sumner Slichter Copy Share Image
There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may… — Joseph A. Schumpeter Copy Share Image
We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power. — Alan Greenspan Copy Share Image
It may seem strange, but Congress has never developed a set of goals for guiding Federal Reserve policy. In founding the System,… — Wright Patman Copy Share Image