Customer Quote by Edward C. Prescott

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.

— Murray Rothbard

“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.”

— Peter Schiff

Let's say I am a chocoholic and I eat tons of chocolate a day. A hundred thousands of tons a day. I have this…

— Charles Koch

Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability

— Gordon Brown

The higher interest and higher inflation is a vicious cycle.

— Arundhati Bhattacharya

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered…

— Ron Paul

Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst - and that…

— Jennifer Granholm

If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks,…

— Carmen Reinhart

Quantitative easing prints money & causes inflation.

— Jim DeMint

Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control…

— Friedrich August von Hayek

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up,…

— Robert Kiyosaki

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state…

— George Soros