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With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

Arthur Laffer

Arthur Laffer Biography

  Nationality: American
Type: Economist

Born: August 14, 1940
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“I have a lightsaber at my front door for home protection. I have an 800-watt electric skateboard that I use to run errands in my neighborhood. It can go about six, seven miles, so depending on how much time I have, and how much I have to carry home, I'll take it really far. I love that thing.”

 

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