Classic Quote by Arthur Laffer

“With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.” quote by Arthur Laffer — Download Open image

“With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.”

Arthur Laffer

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Classic Economics Economy Fewer Goods Inflation More money Shrinking

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The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

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People can also change the timing of when they earn and receive their income in response to government policies.

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It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.

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Sound money is the sine qua non of a prosperous society.

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I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should…

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And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

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Explore all 32 Arthur Laffer quotes

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