"Economies typically do not function well in hyperinflation.……" — Eugene Fama
"Economies typically do not function well in hyperinflation. The real value of government debt might disappear, but the economy is likely to disappear with it."
More Debt Quotes
- Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the… — Margaret Atwood
- All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics… — Michele Bachmann
- After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you… — Michele Bachmann
- I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal… — Michele Bachmann
- I like my players to be married and in debt. That's the way you motivate them. — Ernie Banks
- The middle and working classes are paying the debt that the financial markets created. — Javier Bardem
- If it isn't the sheriff, it's the finance company; I've got more attachments on me than a vacuum cleaner. — John Barrymore
- A church debt is the devil's salary. — Henry Ward Beecher
- Debt, n. An ingenious substitute for the chain and whip of the slavedriver. — Ambrose Bierce
- Forgetfulness - a gift of God bestowed upon debtors in compensation for their destitution of conscience. — Ambrose Bierce
- It is thrifty to prepare today for the wants of tomorrow. — Aesop
- I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's… — Michael Bloomberg