Deflation Quotes

We have rising energy and a handful of other commodity prices moving up. So the risk is we get more inflation. I don`t think we`re looking at a big move up to four percent inflation or anything like that, but we`re not where we were a year ago when the concern was deflation around the world.

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (the banks) will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.