Walter E. Williams Quotes About Inflation
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If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.
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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
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It is not wise for us to permit a few people on the Federal Reserve Board to have life and death power over our economy. My recommendation for reducing some of that power is to repeal legal tender laws and eliminate all taxes on gold, silver and platinum transactions. That way there would be money substitutes and the government money monopoly would be reduced and hence the ability to tax - some people would say steal from - us through inflation.
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