Posts Tagged ‘inflation’
Marvin Gaye: Inflation, Finance, Bills
on Friday, April 2, 2021Marvin Gaye Money Quote saying inflation wipes out any increases in income, while money is still owed and young men are sent off to war. Marvin Gaye said:
“Inflation, no chance, To increase finance. Bills pile up sky high. Send that boy off to die” — Marvin Gaye
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Milton Friedman: Inflation Taxation
on Thursday, December 10, 2020Milton Friedman Money Quote saying inflation is the only government gain without needing to legislate it. Milton Friedman said:
“Inflation is taxation without legislation” — Milton Friedman
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Warren Buffett: Devastating Inflation Tax
on Tuesday, April 11, 2017Warren Buffett Money Quote saying simple math tells us that inflation is the most destructive tax – by making money disappear. Warren Buffett said:
“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
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H Jackson Brown Jr.: Dime As A Screwdriver
on Sunday, February 28, 2016H Jackson Brown Jr. Money Quote saying If we’re positive about monetary troubles, you see bright spots like dimes still making effective flathead screwdrivers. H Jackson Brown Jr. said:
“Inflation hasn’t ruined everything. A dime can still be used as a screwdriver” — H Jackson Brown Jr.
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Michael Connolly: Printing Inflationary Evil
on Tuesday, January 26, 2016Michael Connolly Money Quotation saying governments that are tempted to print money during financial crises are playing with Seigniorage fire. Michael Connolly said:
“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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Thomas Jefferson on Bank Control
on Saturday, May 28, 2011Thomas Jefferson Money Quotation saying controlling the ebb and flow of cash in our society is a complex process of regulation, taxation and legislation that banks should have less control of. Thomas Jefferson said:
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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George Gobel: Inflation & Working Dogs
on Monday, April 25, 2011Funny Money Quotes: Working hard is not something we attribute to animals, but somehow dogs got the reputation as hard workers. George Gobel said:
“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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John Maynard Keynes: Inflationary Measures
on Monday, August 2, 2010John Maynard Keynes Money Quotation blames government for preventing the citizenry from becoming or remaining wealthy by encouraging inflationary measures.
“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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