When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected... →
Ray Dalio
Domestic inflation reflects domestic monetary policy.
Martin Feldstein
Inflation is taxation without legislation.
Milton Friedman
Inflation is the one form of taxation that can be imposed without legislation.
I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of... →
Friedrich August von Hayek
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
Vladimir Lenin
Inflation is the crabgrass in your savings.
Robert Orben
Production is the only answer to inflation.
Chester Bowles