Quote by William E. Simon

I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.


I continue to believe that the American people have a love-h

Summary

This quote suggests that people have conflicting feelings towards inflation in the United States. While they dislike inflation due to its negative impact on their purchasing power and the economy overall, they paradoxically enjoy the factors that contribute to its occurrence. This could refer to situations where economic growth or increased consumer spending leads to inflation, highlighting the tendency for people to prioritize short-term benefits and enjoyment over the long-term consequences that may arise from inflation.

By William E. Simon
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