Certain Quote by Carroll Quigley
“Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.”
About This Quote
Source Book: The Evolution of Money, 1965
Moderate inflation gives producers confidence to plan costs, leading to increased production.
In simple terms: Steady price rise encourages production.
Use predictable inflation to plan investments.
Themes
Mood
Type
When to use this quote
- business strategy
- government policy
- investment decisions
Key Concepts
Questions to Reflect On
- How can businesses protect against unexpected inflation spikes?
- What policies balance inflation and growth?
High inflation can erode purchasing power and cause instability.