What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.
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"What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money." — Arthur Laffer #moneywealth
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What we're talking about is the price of goods, all goods, in terms of money. That has nothing…
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What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money. — Arthur Laffer
About Arthur Laffer
Arthur Laffer was a Economist from United States (1940–1989).
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Who said "What we're talking about is the price of goods, all goods, in terms of money. T…"?
This quote is attributed to Arthur Laffer, a Economist from United States.
When did Arthur Laffer live?
Arthur Laffer lived from 1940 – 1989.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.