Tag: Inflation

1442: Ron Paul – The Most Evil of All Taxes

W1442: Ron Paul - The Most Evil of All Taxes
The most sinister of all taxes is inflation. When you create money out of thin air to pay the bills, the value of the dollar goes down, and the poor and the middle class get hit with a higher cost of living. It is the most evil of all taxes. —Ron Paul
The most sinister of all taxes is inflation. When you create money out of thin air to pay the bills, the value of the dollar goes down, and the poor and the middle class get hit with a higher cost of living. It is the most evil of all taxes. —Ron PaulDownload Print Quality (3840×2010) 2.13MB  |  Normal Quality (1920×1005) 199KB
The most sinister of all taxes is inflation. When you create money out of thin air to pay the bills, the value of the dollar goes down, and the poor and the middle class get hit with a higher cost of living. It is the most evil of all taxes. —Ron PaulDownload Print Quality (3840×2744) 2.94MB  |  Normal Quality (1920×1372) 259KB

The most sinister of all taxes is inflation. When you create money out of thin air to pay the bills, the value of the dollar goes down, and the poor and the middle class get hit with a higher cost of living. It is the most evil of all taxes. —Ron Paul

1364: Antony Davies – Venezuelan Inflation

W1364: Antony Davies - Venezuelan Inflation
To address its cash crunch, the Venezuelan government printed money, which gave birth to rampant inflation. Depending on whom you ask, Venezuela’s annual inflation rate exceeded something between 60,000 percent and 200,000 percent in 2019. To put that in perspective, a product that cost one dollar in January 2019 would cost between $600 and $2,000 by the end of 2019. —Antony Davies, James R. Harrigan
To address its cash crunch, the Venezuelan government printed money, which gave birth to rampant inflation. Depending on whom you ask, Venezuela’s annual inflation rate exceeded something between 60,000 percent and 200,000 percent in 2019. To put that in perspective, a product that cost one dollar in January 2019 would cost between $600 and $2,000 by the end of 2019. —Antony Davies, James R. HarriganDownload Print Quality (7680×4020) 242KB  |  Normal Quality (3840×2010) 121KB
To address its cash crunch, the Venezuelan government printed money, which gave birth to rampant inflation. Depending on whom you ask, Venezuela’s annual inflation rate exceeded something between 60,000 percent and 200,000 percent in 2019. To put that in perspective, a product that cost one dollar in January 2019 would cost between $600 and $2,000 by the end of 2019. —Antony Davies, James R. HarriganDownload Print Quality (7680×7680) 340KB  |  Normal Quality (3840×3840) 161KB

To address its cash crunch, the Venezuelan government printed money, which gave birth to rampant inflation. Depending on whom you ask, Venezuela’s annual inflation rate exceeded something between 60,000 percent and 200,000 percent in 2019. To put that in perspective, a product that cost one dollar in January 2019 would cost between $600 and $2,000 by the end of 2019. —Antony Davies, James R. Harrigan

1278: Murray Rothbard – The Power to Counterfeit Money

W1278: Murray Rothbard - The Power to Counterfeit Money
The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray Rothbard
The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray RothbardDownload Print Quality (3840×2010) 5.13MB  |  Normal Quality (1920×1005) 217KB
The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray RothbardDownload Print Quality (3840×2744) 7.31MB  |  Normal Quality (1920×1372) 274KB

The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray Rothbard

1253: Murray Rothbard – Government Intervention Brings Depression

W1253: Murray Rothbard - Government Intervention Brings Depression
The business cycle is brought about, not by any mysterious failings of the free market economy, but quite the opposite: By systematic intervention by government in the market process. Government intervention brings about bank expansion and inflation, and, when the inflation comes to an end, the subsequent depression-adjustment comes into play. —Murray Rothbard

The business cycle is brought about, not by any mysterious failings of the free market economy, but quite the opposite: By systematic intervention by government in the market process. Government intervention brings about bank expansion and inflation, and, when the inflation comes to an end, the subsequent depression-adjustment comes into play. —Murray Rothbard

1196: Peter Schiff – Robbing Citizens of Their Purchasing Power

W1196: Peter Schiff - Robbing Citizens of Their Purchasing Power
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter Schiff
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter SchiffDownload Print Quality (3840×2010) 6.24MB  |  Normal Quality (1920×1005) 237KB
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter SchiffDownload Print Quality (3840×2744) 7.69MB  |  Normal Quality (1920×1372) 311KB

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. —Peter Schiff

1195: Lew Rockwell – Most Urgent Priority is Separation of Economy and State

W1195: Lew Rockwell - Most Urgent Priority is Separation of Economy and State
Among the most urgent political priorities of our age is the separation of economy and state. —Lew Rockwell
Among the most urgent political priorities of our age is the separation of economy and state. —Lew RockwellDownload Print Quality (3840×2010) 5.13MB  |  Normal Quality (1920×1005) 218KB
Among the most urgent political priorities of our age is the separation of economy and state. —Lew RockwellDownload Print Quality (3840×2744) 6.84MB  |  Normal Quality (1920×1372) 277KB

Among the most urgent political priorities of our age is the separation of economy and state. —Lew Rockwell

1027: Henry Hazlitt – Government Creates Artificial Demand

F1027: Henry Hazlitt - Artificial Demand
Inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. Yet the ardor for inflation never dies. It would almost seem as if no country is capable of profiting from the experience of another and no generation of learning from the sufferings of its forebears. For it is the nature of inflation to give birth to a thousand illusions. —Henry Hazlitt
Inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. Yet the ardor for inflation never dies. It would almost seem as if no country is capable of profiting from the experience of another and no generation of learning from the sufferings of its forebears. For it is the nature of inflation to give birth to a thousand illusions. —Henry Hazlitt

1024: Henry Hazlitt – Inflation is the Illusion of More Milk

W1024: Henry Hazlitt - The Illusion of More Milk
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry Hazlitt
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry HazlittDownload Print Quality (3840×2010) 2.92MB  |  Normal Quality (1920×1005) 182KB
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry HazlittDownload Print Quality (3840×2744) 3.59MB  |  Normal Quality (1920×1372) 247KB
Printing money in place of real savings can create the illusion of more wealth. Just as the addition of water can create the illusion of more milk. —Henry Hazlitt