Inflationary Expectations

Famous quotes containing the words inflationary and/or expectations:

“An alliance is like a chain. It is not made stronger by adding weak links to it. A great power like the United States gains no advantage and it loses prestige by offering, indeed peddling, its alliances to all and sundry. An alliance should be hard diplomatic currency, valuable and hard to get, and not inflationary paper from the mimeograph machine in the State Department.”
—Walter Lippmann (1889–1974)

“Establishing limits, structure, rules, and expectations takes self-confidence on the part of parents. Parents need to recognize that they are the legitimate authority figures in their households and feel secure in that role.”
—Karen Levine (20th century)