Energy Quote by Janet Yellen

Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation…

— Janet Yellen

Food and energy account for a significant portion of household budgets, so the Federal Reserve's inflation objective is defined in terms of the overall…

— Janet Yellen

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

— Milton Friedman

The best measure of inflation is what is happening with commodity prices.

— Stephen Moore

Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form…

— Walter Wriston

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in…

— Ludwig von Mises

“the varieties of models for how inflation might have been implemented seem much less worth recording, for we know that at best one of…

— P.J.E. Peebles

Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.

— Walter E. Williams

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead…

— Ludwig von Mises

Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.

— Murray Rothbard

The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating…

— Peter DeGraaf

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper…

— Lysander Spooner