Currency Quote by Murray Rothbard
“The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.”
About This Quote
Source Book: Man, Economy, and State, 1962
Government control of money tends to cause inflation and erode currency value.
In simple terms: Government money leads to inflation.
Key Takeaway
Beware of monetary expansion.
Themes
economics
politics
inflation
Mood
cautious
analytical
Type
economic
political
When to use this quote
- budget planning
- investment decisions
- policy advocacy
Key Concepts
monetary policy
currency devaluation
Questions to Reflect On
- How can societies protect currency value?
- What safeguards prevent monetary abuse?
A Different Perspective
Inflation can be mitigated by sound fiscal rules.
![“We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced ... we laugh at the time our national financiers held the view that the value of a currency is…” quote by Adolf Hitler](https://sms4smile.com/quotes/img-quotes/db1/adolf-hitler-253_currency_we-were-not-foolish-enough-to-try-to-mak_791068.jpg)
