“Inflation is the one form of taxation that can be imposed without legislation.” — Milton Friedman
(I agree that inflation is very similar to a tax on the consumer, but “imposed” seems to be a strange choice of words. It makes it sound like inflation is applied or arranged, instead of it simply occurring, as a result of a variety of economic factors. Hmm! Since Friedman was the Economics expert I guess this should really make us think! Keep questioning things, friends.) — YUR
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