The first panacea for a mismanaged nation is inflation of the currency the second is war. Both bring a temporary prosperity both bring a permanent ruin. But both are the refuge of political and economic opportunists.

Agency by agency we frequently have lost a bit of ground at least to inflation-but had it not been for the efforts we've made to educate people about the importance of science technology and advanced education those predictions very well might have come true.

I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.

Inflation is as violent as a mugger as frightening as an armed robber and as deadly as a hit man.

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess though one likely consequence is an onslaught of inflation.

This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.

Bankers know that history is inflationary and that money is the last thing a wise man will hoard.

Inflation is bringing us true democracy. For the first time in history luxuries and necessities are selling at the same price.

I do not think it is an exaggeration to say history is largely a history of inflation usually inflations engineered by governments for the gain of governments.

Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.