Milton Friedman - Inflation is the one form of... | Quotesia

Inflation is the one form of taxation that can be imposed without legislation.

Milton Friedman

Milton Friedman

Milton Friedman

American Economist

Born: Jul 31, 1912

Died: Nov 16, 2006

Topics

Inflation, Without, Imposed, Legislation, Form, Taxation

Links

Cite this page: Citation

Related Authors

Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Paul A. Volcker, Peter Navarro, Richard Thaler, Robert Reich, Thomas Sowell

Capitalism and Freedom, Fortieth Anniversary Edition

Capitalism and Freedom, Fortieth Anniversary Edition

on Amazon

Buy now

Quotes To Explore

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. Vladimir Lenin

Inflation Bourgeoisie Way Between Crush Grind Them Taxation

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. Ernest Hemingway

War Prosperity Political Inflation First Nation Ruin Temporary Both Economic Permanent Currency Refuge Second Bring Panacea

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. John Maynard Keynes

Government Wealth Inflation Important Secretly Citizens Part Important Part Continuing Process

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. Ronald Reagan

Politics Man Inflation Robber Armed Deadly Hit Frightening Violent

I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments. Friedrich August von Hayek

History Exaggeration Inflation Think Say Governments Gain Engineered Largely

Inflation is the one form of taxation that can be imposed without legislation. Milton Friedman

Inflation Without Imposed Legislation Form Taxation

Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money. Suze Orman

Great Money Financial Inflation Will Power Savings Consider Savings Accounts Market Distant Purchasing Purchasing Power Emergency Cash More Investment Retirement Long-Term Longer Like Gnaw Goal Target Accounts Stocks Short-Term Fulfill Your Fund Funding Buying

More quotes?

Try another of these similiar topics.