"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation"

"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation"

"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"

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

"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"

"The shock of unemployment becomes a pathology in its own right"

"What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money"

"I have just explained my idea of how a constructive period of reflection, one that would send a clear message to the citizens of Europe: You should now what our priorities are. For Germany this means: Unemployment is one of one of our biggest problems"

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

"Domestic inflation reflects domestic monetary policy"

"The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid"