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Balance Quote by Ludwig von Mises

“If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.” quote by Ludwig von Mises
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“If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.”

Ludwig von Mises

About This Quote

Source Book: Human Action, 1949

If inflation is seen as harmful, the remedy is to stop creating money, i.e., balance the government budget.

In simple terms: Stop inflating money to control inflation.

Key Takeaway

Fiscal restraint curbs inflation.

Themes

economics inflation fiscal policy

Mood

analytical cautious

Type

philosophical educational

When to use this quote

  • government budgeting
  • central banking
  • public discourse

Key Concepts

Monetary theory budget balancing price stability

Questions to Reflect On

  • What alternatives exist to reduce inflation without austerity?
  • How does public debt influence price levels?
A Different Perspective

Political constraints may hinder budget cuts.

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