Consequence Quote by Henry Hazlitt

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

“The analysis of the /General Theory /shows that inflation is a real, not a monetary, phenomenon. It operates in two stages (once more giving…

— Joan Robinson

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

Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.

— Walter E. Williams

Non-inflationary economic growth - an increase in the production of goods and services - is structurally necessary for the current money system to exist.…

— Charles Eisenstein

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

We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor.…

— Warren Buffett

Production is the only answer to inflation.

— Chester Bowles

Inflation has ... become the cruelest tax, destroying the value of the dollar and adding new costs to every purchase.

— Ella T. Grasso

The most obvious and yet the oldest and most stubborn error on which the appeal of inflation rests is that of confusing ‘money’ with…

— Henry Hazlitt

Inflation could be a very - is a likely consequence out of what's going on now.

— Warren Buffett