February 13, 2004

Quote of the Day

Inflation is nothing more than an extension of tax rates through other means. Inflation then is a hidden tax. Deficits and taxes are really the twin pillars of the welfare state. It gives the appearance that government benefits are free, making government out to be a benevolent Santa Claus.

Jim Puplava

Posted by Russell Whitaker at February 13, 2004 11:24 AM | TrackBack
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