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Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required
to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the
plunder perpetrated by the fiscal policies of statist governments.
 By: | Ayn Rand (more quotes by Ayn Rand or books by/about Ayn Rand) |
| [Alisa Zinov'yevna Rosenbaum] (1905-1982) Russian-American novelist, philosopher, playwright, and screenwriter |
Source: | Who Will Protect Us From Our Protectors?, The Objectivist Newsletter, May 1952. |
Categories: | Economics, Inflation, Money |
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