Inflation makes the wealthiest people richer and the masses poorer.
If inflation continues to soar, you're going to have to work like a dog just to live like one
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
Inflation is taxation without legislation.
The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse.
If the governments devalue the currency in order to betray all creditors, you politely call this procedure 'inflation'.
There are two main drivers of asset class returns - inflation and growth.
Inflation is the parent of unemployment and the unseen robber of those who have saved.
The lesson is clear. Inflation devalues us all.
Inflation is like toothpaste. Once it's out, you can hardly get it back in again.
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.
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.
Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you -- either by direct taxes, or by the cruelly indirect tax of inflation.
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.
Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.
It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.
Nothing so weakens government as persistent inflation.
Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Americans are getting stronger. Twenty years ago, it took two people to carry ten dollars' worth of groceries. Today, a five-year-old can do it.
Continued inflation inevitably leads to catastrophe.
Listening to Democrats complain about inflation is like listening to germs complain about disease.
Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.
Things there are no solution to: Inflation, bureaucracy & dandruff.
Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
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