Inflation is the one form of taxation that can be imposed w… - Milton Friedman

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

Milton Friedman

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About Milton Friedman

Milton Friedman (31 July 1912 – 16 November 2006) was an American economist noted for his support for free markets and a reduction in the size of government. In 1976 he was awarded a Nobel Prize in Economics.

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Alternative Names: Milton Galbraith Friedman

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Inflation is taxation without legislation

Originators like Milton Friedman:

F.A. Hayek Ludwig von Mises Murray N. Rothbard Leonard Read Friedrich Hayek

Additional quotes by Milton Friedman

Wherever you had Freedom, you had Capitalism.

There's a smokestack on the back of every government program.

The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.

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

About Milton Friedman

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