Quote by Eisenhower on Inflation and Social Injustice

„Inflation is not a Robin Hood, taking from the rich to give to the poor. Rather, it deals most cruelly with those who can least protect themselves. It strikes hardest those millions of our citizens whose incomes do not quickly rise with the cost of living. When prices soar, the pensioner and the widow see their security undermined, the man of thrift sees his savings melt away; the white collar worker, the minister, and the teacher see their standards of living dragged down.“

Dwight D. EisenhowerEisenhower's quote on inflation shows how the financially vulnerable are especially burdened by rising living costs.
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Dwight D. Eisenhower was the 34th President of the United States and a prominent American general during World War II.

This quote by Eisenhower highlights the social injustice of inflation, which disproportionately affects the financially vulnerable.


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Eisenhower quote about inflation and its impact on social injustice

Dwight David Eisenhower (1890–1969) was an American general and statesman who served as the 34th President of the United States from 1953 to 1961. He was the Supreme Commander of Allied Forces in Europe during World War II and played a pivotal role in the D-Day invasion. As president, he prioritized the promotion of science and technology and the preservation of democratic principles in policy-making.

Ayn Rand quote about inflation, government monetary policy, and deficit spendingCopyright © yoice.net – Quote Artwork
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"Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments." Ayn Rand
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"Inflationary policy is thus robbery policy in a double sense: it robs people not only of their ownership of legitimately acquired goods and thus of the core and principle of freedom, but also of their drive to honest, sincere, responsible and sustainable dealings with fellow human beings and resources. Where such is not only not a taboo, but the order of the day, sooner or later ownership of one's own person and body will again be up for debate." Monika Hausammann
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