Inflation Quotes

“Inflation is the most universal tax of all. It is a way to take people's wealth from them without having to openly raise taxes.”

“Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.”

“Inflation is taxation without legislation.”

Milton Friedman

“The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes.”

Alfred Marshall