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.”
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.
Fiscal restraint curbs inflation.
Themes
Mood
Type
When to use this quote
- government budgeting
- central banking
- public discourse
Key Concepts
Questions to Reflect On
- What alternatives exist to reduce inflation without austerity?
- How does public debt influence price levels?
Political constraints may hinder budget cuts.