Inflation is a form of tax, a tax that we all collectively…

Inflation is the one form of taxation that can be imposed without legislation.

— Milton Friedman

Inflation is a form of hidden taxation which it is almost impossible to measure.

— John J. Beckley

From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss…

— Henry Hazlitt

In a free enterprise system, with an honest and stable money, there is dominantly a close link between effort and productivity, on the one…

— Henry Hazlitt

More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else-or from themselves.…

— Henry Hazlitt

The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment,…

— Henry Hazlitt

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool…

— Henry Hazlitt

If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate…

— Henry Hazlitt

“Here we shall have to say simply that all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself…

— Henry Hazlitt

A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations…

— Henry Hazlitt

Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are…

— Henry Hazlitt

It is past time to hold Washington accountable for runaway, wasteful spending that is fueling inflation and endangering our nation's future.

— Katie Britt

Tax reduction has an almost irresistible appeal to the politician, and it is no doubt also gratifying to the citizen. It means more dollars…

— John W. Gardner

Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you --…

— John Wayne

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private…

— Henry Hazlitt