Commodity Quote by Ludwig von Mises

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

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

— Walter E. Williams

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

— Milton Friedman

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

There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices…

— Peter Schiff

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

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

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

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

Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.

— Henry Hazlitt

Tariffs can't be inflationary because if the price of one thing goes up, unless you give people more money, then they have less money…

— Scott Bessent

Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form…

— Walter Wriston