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

The power to regulate the value of money does not involve a power to dilute the value of money by inflation, an absurd and self-serving rendering.

Production is the only answer to inflation.

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.

There is no such thing as a good tax.

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.

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

Taxation without representation is tyranny.

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.