Form Quote by Peter Schiff
“Printing money is merely taxation in another form.”
About This Quote
Source Book: "Crash Proof", 2012
Creating money devalues currency, acting like hidden taxation.
In simple terms: Printing money is a disguised tax.
Beware of inflationary policies.
Themes
Mood
Type
When to use this quote
- personal finance
- government budgeting
- investment decisions
Key Concepts
Questions to Reflect On
- How does inflation affect your savings?
- What alternatives to money printing exist?
Policy motives may be complex.