Top 47 Quotes by Arthur Laffer

About Arthur Laffer

These are some quotes by American author Arthur Laffer Economist, who was born on August 14, 1940.

Ask me whether inflation represents longer-term problem. I think there's a potential there for excess reserves to create problems.

Ask me whether inflation represents longer-term problem. I think there's a potential there for excess reserves to create problems.

Arthur Laffer

Sound money is the sine qua non of a prosperous society.

Sound money is the sine qua non of a prosperous society.

Arthur Laffer

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.

Arthur Laffer

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.

Arthur Laffer

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.

Arthur Laffer

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.

Arthur Laffer

I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function.

Arthur Laffer

The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners.

The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners.

Arthur Laffer

A carbon tax by itself would make driving more expensive, that's very true. But in exchange for that, there are going to be more jobs, more output, more employment, and more products available. So really, as long as you're going to collect the revenues you're going to collect, you're going to have to trade off one tax for the other.

Arthur Laffer

I feel very uncomfortable with respect to looking at inflation.

I feel very uncomfortable with respect to looking at inflation.

Arthur Laffer

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