15 Great Quotes about Inflation

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

2. “When inflation is low, you feel that you know more about the future, and are much more willing to take risks.” — Peter Bernstein

3. “To accumulate any wealth, you must invest at a growth rate higher than inflation.” — Naved Abdali

4. “Inflation makes the wealthiest people richer and the masses poorer.” — James Cook

5. “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

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

7. “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

8. “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

9. “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

10. “Inflation is taxation without legislation.” — Milton Friedman

11. “Domestic inflation reflects domestic monetary policy.” — Martin Feldstein

12. “Long-term price growth has three factors: yield, inflation, and business growth.” — Naved Abdali

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

14. “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

15. “Inflation is a form of tax, a tax that we all collectively must pay.” — Henry Hazlitt