Quote by Ronald Reagan

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

Inflation is as violent as a mugger, as frightening as an ar

Summary

This quote emphasizes the severe impact that inflation can have on an economy. By comparing it to violent criminals, it highlights the destructive nature of rising prices. The metaphor implies that inflation not only steals purchasing power from individuals (like a mugger) but also instills fear and insecurity in the economy (like an armed robber). Additionally, it suggests that inflation can be lethal, causing significant harm and even destabilizing the economy (like a hit man). Overall, the quote serves as a vivid depiction of the dangers and consequences associated with inflation.

Topics

Politics

By Ronald Reagan

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