“Government can pay its bills with tax money, run up a budget deficit or print more cash, creating inflation. Inflation hurts the saver, deficits hurt the investor, taxes hurt the earner, and all three are usually the same person: you.”

P.J. O'Rourke, writer and satirist

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access