Customer Quote by John Kenneth Galbraith
“Nothing so weakens a government as inflation.”
About This Quote
Source Book: The Affluent Society, 1958
Inflation erodes a government's power and stability by diminishing real wealth and public trust.
In simple terms: Inflation weakens government.
Control inflation to protect governance.
Themes
Mood
Type
When to use this quote
- budget planning
- central banking
- public budgeting
- economic forecasting
Key Concepts
Questions to Reflect On
- How can governments balance growth with price stability?
- What safeguards prevent inflation from undermining democracy?
Inflation can be politically manipulated, limiting effectiveness of policy.