Economics Quote by Phil Champagne

““Imagine if the population were to discover, through real life experience, what it is to conduct their lives with a currency that does not lose its value, but in reality gains in value. As our economy grows and as our manufacturing capabilities increase, prices go down. The only reason that prices are not going down today—except in products where improvements are very rapid (e.g., computers)—is because of government-caused currency inflation.””

Phil Champagne

★ ★ ★ ★ ★ 2.2 out of 5 (6 ratings)

More by Phil Champagne

“It’s very attractive to the libertarian viewpoint if we can explain it properly. I’m better with code than with words though. Satoshi Nakamot”

Phil Champagne

Image

Explore all 2 Phil Champagne quotes

More Economics quotes

Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.

Rupert Murdoch

Image

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Alan Greenspan

Image

Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…

Christopher Bond

Image

Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned from the '30s, it is a lesson we learned post-World War II, and it plays to our strengths.

Charles Boustany

“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the standard of living and level of awareness of life’s pleasures and luxuries available to the educated and new middle classes, in all countries liberated from the “intelligent design” of totalitarian or semi-totalitarian governments that purported to…

Yaakov Malkin

“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality of the categories and concepts employed by that science, is, in fact, the paradoxical product of a long collective history, endlessly reproduced in individual histories, which can be fully accounted for only by historical analysis: it…

Pierre Bourdieu

Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,…

Kevin Rudd

Image

Having an economy that works for the 99% is achievable.

Winnie Byanyima

Image

“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,…

Michael C. Mankins

Image

The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those…

Friedrich August von Hayek

Image

The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder.

Frederic Bastiat

Image

“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are artificial institutions, those of the bourgeoisie are natural institutions. In this, they resemble the theologians, who likewise establish two kinds of religion. Every religion which is not theirs is an invention of men, while their own…

Karl Marx

Browse all 7,657 Economics quotes

Economics Quote by Phil Champagne

Related quotes

More by Phil Champagne

More Economics quotes