A Quote by Milton Friedman

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

Milton Friedman

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Form Imposed Inflation Legislation Taxation Without

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

Inflation is taxation without legislation.

Milton Friedman

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

John J. Beckley

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

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

Lauren Boebert

The only real good technology is no technology at all. Technology is taxation without representation, imposed by our elitist species (man) upon the rest of the natural world.

Eric Pianka

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

Vladimir Lenin

I think democracies are prone to inflation because politicians will naturally spend [excessively] - they have the power to print money and will use money to get votes. If you look at inflation under the Roman Empire, with absolute rulers, they had much greater inflation, so we don't set the record. It happens over the long-term under any form of government.

Charlie Munger

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

Fulton J. Sheen

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

I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It's a form of taxation without representation. I don't think we can do that.

Mike Lee

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 two important variables for the policy formulation are projected inflation and the output gap. There is no clear hidebound mathematics that we must give 'X' weight to inflation and 'Y' weight to growth and form the associated policy.

Urjit Patel

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

A Quote by Milton Friedman

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