Warren Buffett: Devastating Inflation Tax

Posted by admin on Tuesday, April 11, 2017

Warren 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 Quote
 

“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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