Inflation Quotes
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I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.
Inflation is a form of tax, a tax that we all collectively must pay.
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
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.
Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.
Long-term price growth has three factors: yield, inflation, and business growth.
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