Inflation Quotes
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Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.
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.
Inflation is taxation without legislation.
Domestic inflation reflects domestic monetary policy.
Inflation makes the wealthiest people richer and the masses poorer.
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