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Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
William Vickrey
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Related quotes
Inflation is lower and more stable and the real business cycle fluctuations are more modest.
Martin Feldstein
I produce for a low price and I sell it on my own to 80 countries.
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It is time we passed a balanced budget amendment and return this government to limited spending.
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An imaginary perfection is automatically at the same level as I who imagine it - neither higher nor lower.
Simone Weil
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
William Vickrey