Inflation is nothing less than sanctioned state terror, and we ought to treat it as such. It's criminal. It makes us live in fear. Inflation is not just an economic issue, but in fact produces deep cultural and social sickness in any society it touches. It makes business planning and entrepreneurship - which rely on profit and loss calculations using money prices - far more difficult and risky, which means we get less of both. How do you measure money profits when the unit of measurement keeps falling in value? It erodes capital accumulation, the driver of greater productivity and material progress. So, inflation destroys both existing wealth and future wealth, which never comes into being and thus diminishes the world our children and grandchildren inhabit. And it makes us poor and vulnerable in our senior years.

- Jeff Deist