Michael Hudson Quotes About Inflation
We have collected for you the TOP of Michael Hudson's best quotes about Inflation! Here are collected all the quotes about Inflation starting from the birthday of the Professor – 1939! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 2 sayings of Michael Hudson about Inflation. We will be happy if you share our collection of quotes with your friends on social networks!
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When we say "people worry" about inflation, it's mainly bondholders that worry. The labor force benefitted from the inflation of the '50s, '60s and '70s.
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When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.
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Inflation usually helps the economy at large, but not the 1% if wages rise. So the 1% says that it is terrible.
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