English to Romanian Bus/Financial Other

"Monetary inflation had led to price inflation. Nixon slapped on controls by pure fiat order on August 15, 1971, and the printing press kept rolling. Shortages developed in late 1973 and throughout 1973."

"Today, taxes are primarily direct in nature. Once price controls are slapped on, and price inflation becomes repressed inflation, the tax becomes insidiously indirect. The government confiscates people's capital by means of fiat money and priority purchasing slips."