Definition of Inflation

Inflation

The act or process of inflating, or the state of being inflated, as with air or gas; distention; expansion; enlargement.

The state of being puffed up, as with pride; conceit; vanity.

Undue expansion or increase, from overissue; -- said of currency.

Related Definitions:

Act, Air, As, Being, Conceit, Currency, Distention, Enlargement, Expansion, From, Gas, Increase, Inflated, Inflating, Of, Or, Overissue, Pride, Process, Puffed, Said, State, The, Undue, Up, Vanity, With

Inflation Quotations

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

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.
Ernest Hemingway

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.
Warren Buffett

And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.
Barack Obama

Inflation is taxation without legislation.
Milton Friedman

Inflation is the one form of taxation that can be imposed without legislation.
Milton Friedman

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
Vladimir Lenin

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

Inflation is the crabgrass in your savings.
Robert Orben

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes

We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America.
Barbara Jordan

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.
Friedrich August von Hayek

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.
Carroll Quigley

I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year.
Victor Borge

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
Alan Greenspan

The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.
Dixie Lee Ray

We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is.
Shimon Peres

During the past two decades, inflation has fallen to a low level in major industrial countries.
Toshihiko Fukui

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.
Sam Ewing

Domestic inflation reflects domestic monetary policy.
Martin Feldstein

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.
Ron Chernow

I would say to my colleague that the misery index, inflation and unemployment, when added together is the lowest it has been in the last series of Presidents, even going back to Jimmy Carter. So I think the Bush administration is doing a good job.
Cliff Stearns

We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.
Martin Feldstein

You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.
Paul A. Volcker

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
Martin Feldstein

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.
Karl Rove

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.
Arthur Laffer

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
Martin Feldstein

But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
John W. Snow

By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation.
Paul A. Volcker

More Inflation Quotations

Inflation Translations

inflation in Dutch is inflatie
inflation in French is inflation, gonflage
inflation in German is Geldentwertung, Inflation
inflation in Italian is inflazione
inflation in Latin is inflatio
inflation in Spanish is inflacion

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