Quotes
Disinflation
Winston Churchill, Parliament Square, London © Sue Lowry & Magellan PR
December 21, 2015
‘The word “disinflation” has been coined in order to avoid the unpopular term “deflation”.…I suppose that presently when “disinflation” also wins its bad name, the Chancellor [Sir Stafford Cripps] will call it “non-undisinflation” and will start again.’
-Winston S Churchill, 27 October 1949.
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