Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.
The Death of Economics, Part II, Chapter 6: Unemployment and Inflation (1994, p. 137)
The [pay] policy is principally designed to hold down wages rather than to check inflation. Inflation is being used as an excuse to destroy free trade union bargaining.
Low inflation and government prudence may be harmful for economic development.
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. ... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.
Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.
Globalization was exerting a dis-inflationary impact.
As soon as interest is abolished, inflation becomes unnecessary...
In the new money system we abolish interest and inflation, thereby reducing the prices of all goods and services as well as taxes by about 40%.
Indeed, let us be frank about it. Most of our people have never had it so good.
Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.
In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment.
The well-being of the British people and the health of our economy are far more important than any government's commitment to a particular strategy, but to change course now would be fatal to the whole counter-inflation strategy.
The natural tendency of the state is inflation.
Let's turn inflation over to the post office. That'll slow it down.