15 Great quotes about inflation
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” — Vladimir Lenin
“When inflation is low, you feel that you know more about the future, and are much more willing to take risks.” — Peter Bernstein
“To accumulate any wealth, you must invest at a growth rate higher than inflation.” — Naved Abdali
“Inflation makes the wealthiest people richer and the masses poorer.” — James Cook
“The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislatures. The inflation tax has a fantastic ability to simply consume capital.” — Warren Buffett
“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — John Maynard Keynes
“People invest in stocks for two opposite reasons — in hope and confidence in the future of an enterprise or in fear that the value of their capital will be lost through inflation.” -Bernard Baruch
“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.” — Thomas Sowell
“Investors feelings and reactions regarding inflation are probably more the result of the stock market action that they have recently experienced than the cause of it.” — Benjamin Graham
“Inflation is taxation without legislation.” — Milton Friedman
“Domestic inflation reflects domestic monetary policy.” — Martin Feldstein
“Long-term price growth has three factors: yield, inflation, and business growth.” — Naved Abdali
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” — Ronald Reagan
“In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.” — Lysander Spooner
“Inflation is a form of tax, a tax that we all collectively must pay.” — Henry Hazlitt