"With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation."

--

Source : "Economic Debate: Laffer vs. Liesman". "The Kudlow Report" with Larry Kudlow, www.cnbc.com. February 26, 2009.

Arthur Laffer

#Shrinking Quotes #Classic Quotes #Economy Quotes

“Give people a convincing reason and they will lay down their very lives.”
“I'm allergic to chemicals in food so I eat only organic foods.”
“We need a program of psychosurgery for political control of our society. The purpose is physical control of the mind. Everyone who deviates from the given norm can be surgically mutilated. ... The individual may think that the most important reality is his own existence, but this is only his personal point of view. This lacks historical perspective. Man does not have the right to develop his own mind. This kind of liberal orientation has great appeal. We must electronically control the brain. Someday armies and generals will be controlled by electric stimulation of the brain.”
“Grief can take care if itself, but to get the full value of a joy you must have somebody to divide it with.”
“When people discuss religion, it is a pity that they often become excited and argue. We should merely listen, as one does on a dark night; we should merely gaze at the stars.”

Source : Haniel Long (1950). “A letter to St. Augustine: after re-reading his confessions”
“The most successful tempters and thus the most dangerous are the deluded deluders.”
“By definition, I believe I am unapologetically optimistic and I am unapologetically earnest.”
“Purely historical thought is nihilistic; it wholeheartedly accepts the evil of history.”

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