Cause and effect Quote by Henry Hazlitt

Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.

— Ludwig von Mises

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead…

— Ludwig von Mises

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

— Milton Friedman

Inflation makes the wealthiest people richer and the masses poorer.

— James Cook

Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.

— Kevin Brady

Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.

— Henry Hazlitt

The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment,…

— Henry Hazlitt

In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too…

— Robert Kiyosaki

Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase…

— Milton Friedman

Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.

— Ludwig von Mises

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in…

— Ludwig von Mises

Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.

— Murray Rothbard