"Mere inflation-that is, the mere issuance of more……" — Henry Hazlitt

Mere inflation-that is, the mere issuance of more money, with the consequence… - Henry Hazlitt
"Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not."

Henry Hazlitt

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