Inflation Quotes
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation” — Vladimir Lenin
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“When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident” — Ronald Reagan
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“Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you — either by direct taxes, or by the cruelly indirect tax of inflation” — John Wayne
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“The inflation that comes inevitably with government pump-priming soon catches up with the laborer, wipes away any real increase in his wages, discourages private investment, and sets off a new deflationary spiral which can in turn only be counteracted by more coercive and paternalistic government policies” — William F. Buckley Jr.
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“Inflation is a form of tax, a tax that we all collectively must pay” — Henry Hazlitt
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“You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy. If inflation is 2% for example, that means the economy is charging your business a 2% annual fee and so you gotta make sure your income and total assets grow at minimum 2% annually just to keep up” — Hendrith Vanlon Smith Jr
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“It’s important to always keep the business’ assets growing. Inflation will make sure that expenses grow, so each business needs to make sure that it’s assets are growing to at least compensate for those inflationary pressures” — Hendrith Smith
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“Inflation is taxation without legislation” — Milton Friedman
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“What is it that happens in an inflation? The unit of money suddenly loses its identity. The crowd it is part of starts growing and, the larger it becomes, the smaller becomes the worth of each unit. The millions one always wanted are suddenly there in one’s hand, but they are no longer millions in fact, but only in name” — Elias Canetti
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“Inflation consists of subsidizing expenditures that give no returns with money that does not exist” — Jacques Rueff
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If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs — Thomas Jefferson
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“Seigniorage finance of fiscal deficits is often known as ‘the printing press.’ In a sense, money is the root of all inflationary evil. It helps to understand why inflation bursts out here and there periodically” — Michael Connolly
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“Inflation hasn’t ruined everything. A dime can still be used as a screwdriver” — H Jackson Brown Jr.
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“Arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislature. The inflation tax has a fantastic ability to simply consume capital” — Warren Buffett

“Inflation, no chance, To increase finance. Bills pile up sky high. Send that boy off to die” — Marvin Gaye
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“Inflation is what happens when we give money to poor people. But prosperity is what happens when we give money to rich people. Thank you for understanding how ‘the economy’ works, peasants” — Holly @girlziplocked
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“Let’s be clear: inflation is being driven in large part by monopolies that are driving up prices for the sake of profit” — Robert Reich
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“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens” — John Maynard Keynes
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“If inflation continues to soar, you’re going to have to work like a dog just to live like one” — George Gobel
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“Bankers know that history is inflationary and that money is the last thing a wise man will hoard” — Will Durant
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“Inflation is the parent of unemployment and the unseen robber of those who have saved” — Margaret Thatcher
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“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation” — Suze Orman
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