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"Inflation is the one form of taxation that can be imposed without legislation."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development
"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
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Personal Development
"Market economy favors the have against the have not."
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Personal Development
"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."
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Personal Development
"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."
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Personal Development
"Economics is extremely useful as a form of employment for economists."
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Personal Development
"My first priority is growing this economy in the long term, and stimulating it in the short term."
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Personal Development
"Ohio is one of only two states that have a minimum wage below the federal level of $5.15 an hour."
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Personal Development
"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."
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Personal Development
"We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export."
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Personal Development
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"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government."
Architecture
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."
Government
"So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system."
History
"Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless."
Government
"The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people."
Government
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."
Government
"We have a system that increasingly taxes work and subsidizes nonwork."
Work
"The only relevant test of the validity of a hypothesis is comparison of prediction with experience."
Experience
"Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."
Gain
"I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal."
People
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