A Quote by Milton Friedman

Inflation is taxation without legislation.

Milton Friedman

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Finance Inflation Legislation Taxation Without

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Milton Friedman
American - Economist
July 31, 1912 - November 16, 2006

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

Milton Friedman

Inflation is taxation and taxation is theft that takes more money out of hard-working Americans' pocket books.

Lauren Boebert

Inflation is a form of hidden taxation which it is almost impossible to measure.

John J. Beckley

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

Vladimir Lenin

The old liberal rebelled against taxation without responsibility, the new liberal wants the taxation as a handout without responsibility.

Fulton J. Sheen

Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of taxation.

Robert Higgs

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

Herbert Hoover

We have been mandated by the government, backed by legislation, that we have to have an inflation target of about 4%.

Urjit Patel

In 1790, the nation which had fought a revolution against taxation without representation discovered that some of its citizens weren't much happier about taxation with representation.

Lyndon B. Johnson

Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.

Janet Yellen

If taxation without consent is robbery, the United States government has never had, has not now, and is never likely to have, a single honest dollar in its treasury. If taxation without consent is not robbery, then any band of robbers have only to declare themselves a government, and all their robberies are legalized.

Lysander Spooner

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

Ludwig von Mises

Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.

Ludwig von Mises

Money is time made tangible - the time invested in the earning of it. Taxation is the confiscation of the earner's time. Although some taxation is necessary, all taxation diminishes freedom.

George Will

The American colonies, all know, were greatly opposed to taxation without representation. They were also, a less celebrated quality, equally opposed to taxation with representation.

John Kenneth Galbraith

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.

Ludwig von Mises

A Quote by Milton Friedman

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