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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Walter E. Williams
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Walter E. Williams
Age: 84 †
Born: 1936
Born: March 31
Died: 2020
Died: December 1
Columnist
Economist
Journalist
Radio Personality
University Teacher
Philadelphia
Pennsylvania
Walter Williams
Walter Edward Williams
Liberty
Symptoms
Economic
Inflation
Money
Prices
Supply
Economics
Rise
Symptom
Increase
Constitute
General
Increases
More quotes by Walter E. Williams
The founders of our nation feared paper currency because it gave government the means to steal from its citizens.
Walter E. Williams
Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
Walter E. Williams
In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.
Walter E. Williams
When it came to the 2000 election, 84 percent of Ivy League faculty voted for Al Gore, 6 percent for Ralph Nader and 9 percent for George Bush. In the general electorate, the vote was split at 48 percent for Gore and Bush, and 3 percent for Nader.
Walter E. Williams
One of the wonderful things about free markets is that the path to greater wealth comes not from looting, plundering and enslaving one's fellow man, as it has throughout most of human history, but by serving and pleasing him.
Walter E. Williams
Charity is reaching into one's own pockets to assist his fellow man in need. Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity. When done privately, we deem it theft, and the individual risks jail time.
Walter E. Williams
Reaching into one's own pocket to assist his fellow man is noble and worthy of praise. Reaching into another person's pocket to assist one's fellow man is despicable and worthy of condemnation.
Walter E. Williams
Multiculturalists argue that different cultural values are morally equivalent. That's nonsense.
Walter E. Williams
All we have to do now is to inform the public that the payment of social security taxes is voluntary and watch the mass exodus.
Walter E. Williams
The global warming scare has provided a field day for politicians and others who wish to control our lives. After all, only the imagination limits the kind of laws and restrictions that can be written in the name of saving the planet.
Walter E. Williams
The Founders knew that a democracy would lead to some kind of tyranny. The term democracy appears in none of our Founding documents. Their vision for us was a Republic and limited government.
Walter E. Williams
Most of what Congress does fits the description of forcing one American to serve the purposes of another American. That description differs only in degree, but not in kind, from slavery.
Walter E. Williams
Powerful government tends to draw into it people with bloated egos, people who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, in government, the scum rises to the top.
Walter E. Williams
But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?
Walter E. Williams
Economic planning is nothing more than the forcible superseding of other people's plans by the powerful elite backed up by the brute force of government.
Walter E. Williams
Many of the wonderful achievements of the 20th century were the result of the pursuit of profits. Unfortunately, demagoguery has led to profits becoming a dirty word. Nonprofit is seen as more righteous, particularly when people pompously stand before us and declare, 'We're a nonprofit organization.'
Walter E. Williams
Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity.
Walter E. Williams
Trying to get government to be as efficient as business is as hopeless as trying to teach cats to bark and dogs to meow.
Walter E. Williams
Having children is not an act of God. It's not like you're walking down the street and pregnancy strikes you children are a result of a conscious decision. For the most part, female-headed households are the result of short-sighted, self-destructive behavior of one or two people.
Walter E. Williams
It was Thomas Jefferson who said that we should not allow the courts to have a monopoly on the interpretation of what is constitutional and what is not.
Walter E. Williams
