46 Quotes on Inflation & Rising Prices (HIDDEN TAX)

Top 10 Most Popular Quotes on Inflation

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
Ernest Hemingway

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. - John Maynard Keynes — By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the **wealth** of their citizens. – **John Maynard Keynes**

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all. - Thomas Sowell — It is a way to take people’s wealth from them without having to openly raise **taxes**. Inflation is the most universal tax of all. – **Thomas Sowell**

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ― Sam Ewing

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. - Ronald Reagan — Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. – **Ronald Reagan**

“When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident.”
Ronald Reagan

Inflation makes the wealthiest people richer and the masses poorer. - James Cook — Inflation makes the wealthiest people richer and the masses poorer. – James Cook

Inflation is taxation without legislation. - Milton Friedman — Inflation is taxation without legislation. – **Milton Friedman**

Pricing power is important in business. You want your business to have the flexibility to raise prices as needed, especially with regard to inflation. ― Hendrith Vanlon Smith Jr. — Pricing power is important in **business**. You want your business to have the flexibility to raise prices as needed, especially with regard to inflation. ― Hendrith Vanlon Smith Jr.

Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living. - Kevin Brady — Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living. – Kevin Brady

15 Thought-provoking Quotes on Inflation

“Whoever controls the volume of money in our country is absolute master of all industry and commerce… when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”
James A. Garfield

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. - Vladimir Lenin — The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. – **Vladimir Lenin**

Inflation is a form of tax, a tax that we all collectively must pay. - Henry Hazlitt — Inflation is a form of tax, a tax that we all collectively must pay. – Henry Hazlitt

I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it. - William E. Simon — I continue to **believe** that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it. – William E. Simon

“Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.”
Henry Hazlitt

The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created. -- Charles Lindbergh — The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created. — Charles Lindbergh

Continued inflation inevitably leads to catastrophe. - Ludwig von Mises — Continued inflation inevitably leads to catastrophe. – **Ludwig von Mises**

“The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.”
Ludwig von Mises

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. - Alan Greenspan — In the absence of the **gold** standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. – Alan Greenspan

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation. - Herbert Hoover — There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation. – **Herbert Hoover**

Fiat currency isn’t money - it’s a weapon. Every duck farmer knows this, and you can only pretend 'The Fake is The Real' for so long before mass starvation takes place. ― Jarod Kintz — Fiat currency isn’t **money** – it’s a weapon. Every duck farmer knows this, and you can only pretend ‘The Fake is The Real’ for so long before mass starvation takes place. ― Jarod Kintz

“The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment… the European Central Bank has only the first. It has no commitment to keep employment up.”
Noam Chomsky

Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise. - Paul Samuelson — Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise. – Paul Samuelson

Unemployment is a side effect of the cure for inflation. - Milton Friedman — Unemployment is a side effect of the cure for inflation. – Milton Friedman

Inflation is taxation and taxation is theft that takes more money out of hard-working Americans' pocket books. - Lauren Boebert — Inflation is taxation and taxation is theft that takes more **money** out of hard-working Americans’ pocket books. – Lauren Boebert

11 Wise Quotes About Inflation (WISDOM)

“Cash – in savings accounts, short-term CDs or money market deposits – is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.”
Suze Orman

Inflation takes from the ignorant and gives to the well informed. - Venita VanCaspel — Inflation takes from the ignorant and gives to the well informed. – Venita VanCaspel

Production is the only answer to inflation. - Chester Bowles — Production is the only answer to inflation. – Chester Bowles

Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits. - Ben Bernanke — Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits. – **Ben Bernanke**

In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too few dollars in circulation. - Robert Kiyosaki — In the simplest terms, inflation occurs when there’s too much money in the system. On the flip side, deflation occurs when there are too few dollars in circulation. – **Robert Kiyosaki**

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up taxes and inflation. When taxes and inflation go up, more jobs are lost. - Robert Kiyosaki — Every time the Fed implements ‘quantitative easing,’ a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost. – **Robert Kiyosaki**

Inflation is like toothpaste. Once it's out, you can hardly get it back in again. - Karl Otto Pohl — Inflation is like toothpaste. Once it’s out, you can hardly get it back in again. – Karl Otto Pohl

The lesson is clear. Inflation devalues us all. - Margaret Thatcher — The lesson is clear. Inflation devalues us all. – **Margaret Thatcher**

If the world's using bitcoin, governments won't be able to fund wars through inflation like they do today. - Roger Ver — If the world’s using **bitcoin**, governments won’t be able to fund wars through inflation like they do today. – Roger Ver

Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability. - John Paulson — Historically, **gold** has always been a safe haven against inflation and a safe haven in times of political instability. – John Paulson

There are two main drivers of asset class returns - inflation and growth. - Ray Dalio — There are two main drivers of asset class returns – inflation and **growth**. – **Ray Dalio**

10 Quotes on Inflation that Will Make You Think

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output… A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.”
Milton Friedman