Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
Sentiment: POSITIVE
Economies typically do not function well in hyperinflation. The real value of government debt might disappear, but the economy is likely to disappear with it.
The Fed has the ability to put money out, it's got the ability to take money back in, and if they don't do that, we will have hyperinflation worse than we had in 1980 and 1981.
Inflation is taxation without legislation.
Inflation is the one form of taxation that can be imposed without legislation.
Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they're likely to increase prices, since they've learned that if they don't, and inflation hits, their businesses will be wrecked.
Just dying should not be a reason for taxes.
You don't get an economy growing by raising taxes.
You don't raise taxes in times of such uncertainty.
I'm not for raising taxes on anyone - period.
Nothing could be more regressive than carbon taxes.
No opposing quotes found.