Inflation is taxation without legislation.
Milton Friedman Quotes
Inflation is the one form of taxation that can be imposed without legislation.
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Comments on: "Milton Friedman Quotes: Inflation is the one form of taxation that can be imposed without legislation."
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The price that the market sets on the services of our resources is similarly affected by a bewildering mixture of chance and choice. Frank Sinatra’s voice was highly valued in twentieth-century United States. Would it have been highly valued in twentieth-century India, if he had happened to be born and to live there?
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Birth: | 31st July, 1912 |
Death: | 16th November, 2006 |
Nationality: | American |
Profession: | Author, Economist, Statistician |
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