Inflation is the senility of democracies.

Inflation is the senility of democracies.

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

We will never try to develop a strategy that wins on price. There is nothing unique about pricing.

Only one fellow in ten thousand understands the currency question, and we meet him every day.

Only one fellow in ten thousand understands the currency question, and we meet him every day.

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

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

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as read more

Some idea of inflation comes from seeing a youngster get his first job at a salary you dreamed of as the culmination of your career

Inflation: Everyone's illusion of wealth.

Inflation: Everyone's illusion of wealth.

Law of inflation: whatever goes up will go up some more.

Law of inflation: whatever goes up will go up some more.

I wasn't affected by inflation -- I had nothing to inflate.

I wasn't affected by inflation -- I had nothing to inflate.

The disease is painless; it's the cure that hurts.

The disease is painless; it's the cure that hurts.