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Walter E. Williams Quotes: Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
         

Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.


Walter E. Williams
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"Walter E. Williams Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Increases-in-money-supply-are-what-constitute-1143490>.





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Other quotes of Walter E. Williams


But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?

But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?



Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.

Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.



No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong.

No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong.



If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.

If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.



Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.

Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.



The Founders knew that a democracy would lead to some kind of tyranny. The term democracy appears in none of our Founding documents. Their vision for us was a Republic and limited government.

The Founders knew that a democracy would lead to some kind of tyranny. The term democracy appears in none of our Founding documents. Their vision for us was a Republic and limited government.



In a free society, government has the responsibility of protecting us from others, but not from ourselves.

In a free society, government has the responsibility of protecting us from others, but not from ourselves.



Always be suspicious of those who pretend to know it all, claim their way is the best way and are willing to force their way on the rest of us.

Always be suspicious of those who pretend to know it all, claim their way is the best way and are willing to force their way on the rest of us.



I prefer a thief to a Congressman. A thief will take your money and be on his way, but a Congressman will stand there and bore you with the reasons why he took it.

I prefer a thief to a Congressman. A thief will take your money and be on his way, but a Congressman will stand there and bore you with the reasons why he took it.



Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.

Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.





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When I'd woken the next morning, I'd done so in a dislocated world of dimmed daylight and diluted colors, a sodden world, feeling like I was a castaway on an alien planet.

When I'd woken the next morning, I'd done so in a dislocated world of dimmed daylight and diluted colors, a sodden world, feeling like I was a castaway on an alien planet.



Painting is self-discovery. You arrive at the image through the act of painting.

Painting is self-discovery. You arrive at the image through the act of painting.



I know a lot of directors have a whole staff of people trying to find their next film for them. I always just end up writing mine.

I know a lot of directors have a whole staff of people trying to find their next film for them. I always just end up writing mine.



The Platonic world of ideas corresponds to Thinking and Sensation on the mystical level.

The Platonic world of ideas corresponds to Thinking and Sensation on the mystical level.



Find the grain of truth in criticism-chew it and swallow it.

Find the grain of truth in criticism-chew it and swallow it.



Microsoft loves losing money with online services, so this should stay free forever... unless they get a new CEO who isn't crazy about pouring billions into a hole.

Microsoft loves losing money with online services, so this should stay free forever... unless they get a new CEO who isn't crazy about pouring billions into a hole.



A great Nation should have a fixed Government, so that the death of one man should not overturn it.

A great Nation should have a fixed Government, so that the death of one man should not overturn it.



That which commands admiration in the white woman only hastens the degradation of the female slave.

That which commands admiration in the white woman only hastens the degradation of the female slave.



You will learn to defeat the enemy.

You will learn to defeat the enemy.



The logic of science was infallible, and if the scientists were sometimes mistaken, this was assumed to be only from their mistaking its rules.

The logic of science was infallible, and if the scientists were sometimes mistaken, this was assumed to be only from their mistaking its rules.




Quote Description


This page presents the quote "Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.". Author of this quote is Walter E. Williams. This quote is about economic, inflation, money, liberty, increase,.