Inflation is the one form of taxation which can be imposed without…

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Inflation is the one form of taxation which can be imposed without any legislative action.

Milton Friedman

1973

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Topic

Inflation

Time

1973

Person

Milton Friedman

Provenance

Citation

Friedman, Milton. Quoted in "Facing Inflation: Interview with Milton Friedman." Challenge: The Magazine of Economic Affairs. Routledge, Nov.-Dec. 1973, p. 20.

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Inflation is the one form of taxation which can be imposed without any legislative action. — Milton Friedman

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