On the record
Inflation too often follows in the shadow of growth--while price stability is made easy by stagnation or controls.
Said by
John F. Kennedy
Source
gutenberg.orgInflation too often follows in the shadow of growth--while price stability is made easy by stagnation or controls.
Kennedy warns that inflation often accompanies economic growth, while stability can lead to stagnation.
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If we move decisively, our factories and farms can increase their sales to their richest, fastest-growing market.
I speak today in an hour of national peril and national opportunity.
For you and I are privileged to serve the great Republic in what could be the most decisive decade in its long history.
All of us together--this Administration, this Congress, this nation--must forge those answers.