Economy Quote by Calvin Coolidge
“Inflation is repudiation.”
About This Quote
Source Speech: Presidential address, United States, 1925
Equates rising prices with a denial of value, urging fiscal responsibility
In simple terms: Inflation erodes purchasing power and trust
Guard against unchecked price rises
Themes
Mood
Type
When to use this quote
- budget planning
- investment decisions
- consumer budgeting
- government policy
Key Concepts
Questions to Reflect On
- How can individuals protect themselves?
- What policies best curb inflation?
Inflation can be driven by external shocks beyond control