Taxation

Mr. Gladstone, then Chancellor of the Exchequer, had interrupted him in a description of his work on electricity to put the impatient inquiry: 'But, after all, what use is it?' Like a flash of lightning came the response: 'Why, sir, there is every probability that you will soon be able to tax it!'

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

Taxes are the chief business of a conqueror of the world.