Cash Quote by 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

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

— Milton Friedman

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

— Walter E. Williams

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

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.…

— Henry Hazlitt

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

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 not an abstract idea thrown around by finance gurus. Inflation is a very real threat to the pocketbooks of hardworking Americans throughout…

— Tommy Tuberville

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

In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper…

— Lysander Spooner

The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating…

— Peter DeGraaf

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