Monetary Inflation

[misesandrothbard]

“Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.”

-Murray Rothbard

Comments

[sheikhshahin]

You are always great. I like your writing the most.

[wizardave]

Taxation is theft.
Inflation is taxation to the owners of the central bank.
Inflation is theft.

[misesandrothbard]

I could not agree more.