“What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.”

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Originally said in English.

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About Arthur Laffer

Arthur Laffer is quoted here; further biographical details are not publicly available.

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"What we're talking about is the price of goods, all goods, in terms o…" — Arthur Laffer | Daily Quotes