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

Interpretation

What this quote means

Inflation is portrayed as a serious threat to individuals and society, similar to violent crime.

In this quote, Ronald Reagan emphasizes the destructive nature of inflation, comparing it to violent criminal acts to illustrate how it can undermine personal security and the stability of the economy. This metaphor highlights the urgency of addressing inflation and its potential to harm individuals and communities, as it can erode wealth and diminish the quality of life.

Themes

InflationEconomyThreatViolenceFinancial Security

In practice

Example use cases

This quote could be used in a financial literacy seminar to demonstrate the dangers of inflation.

More from Ronald Reagan

Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Ronald ReaganRead
Our status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.
Ronald ReaganRead
I'm spending more time at this library in four days than I did at the Eureka College Library in four years.
Ronald ReaganRead
I'm not a politician by profession. I am a citizen who decided I had to be personally involved in order to stand up for my own values and beliefs. My candidacy is based on my record, and for that matter, my entire life.
Ronald ReaganRead
My fellow citizens, our nation is poised for greatness. We must do what we know is right, and do it with all our might. Let history say of us: "These were golden years - when the American Revolution was reborn, when freedom gained new life, and America reached for her best."
Ronald ReaganRead
We must have faith in the people of this country and faith in our principles.
Ronald ReaganRead

Similar quotes

The collapse of the world's banking system and the impending disaster of accelerating climate change are not separate phenomena. They are simply the most visible symptoms of a particular model of capitalism that will bring civilisation to its knees. But those symptoms will not get sorted unless and until we commit to a radical transformation of the way we create and distribute wealth in the world today
Jonathon PorrittRead
When corporations refuse to practice due diligence by not establishing grievance mechanisms for remedy of abuses against the hidden 94% of their workforce in their global supply chains, they perpetuate a depraved model of profit-making that has driven inequality to a level now seen as a global risk in itself.
Sharan BurrowRead
To get back to the kind of shared prosperity and upward mobility we once considered normal will require another era of fundamental reform, of both our economy and our democracy.
Robert ReichRead
Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.
Ngozi Okonjo-IwealaRead
Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
Alan GreenspanRead
Actually, in my advanced, high-falutin' frontier economics, I often work with what I define as 'money metric utility,' and I ask people, 'Do you really want that? What are you willing to pay for that?'
Paul SamuelsonRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.