'The reason it's on the rise is because probably the boom times are getting even more boomer.' (commenting on rising inflation in the Irish economy)[1]
About this quote
- What does it mean?
- The speaker attributes rising inflation to excessive growth during economic booms.
- In plain terms
- He says inflation rises because the economy grew too fast.
- What can you take from it?
- Too much growth can lead to economic problems like inflation.
Where it applies
Putting it to work
Questions to consider
- How do you manage growth?
- Is inflation always bad?
Another view
Inflation has many causes beyond just economic boom cycles.
More from Bertie Ahern
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Permalink to quote #3 'I've looked up every tree in north Dublin.' (speaking of his investigations into Ray Burke's past)
Permalink to quote #5 'I'm one of the last socialists left in Irish politics.' (December, 2004)
Permalink to quote #2
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