Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.
– Ludwig von Mises
Related Quotes:
- Inflationism is that monetary policy that seeks to increase the quantity of money. – Ludwig von Mises
- The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power. – Ludwig von Mises
- In a battle between force and an idea, the latter always prevails. – Ludwig von Mises
- It is the consumers who make poor people rich and rich people poor. – Ludwig von Mises
- Socialism is an alternative to capitalism as potassium cyanide is an alternative to water. – Ludwig von Mises
- Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship. – Ludwig von Mises
- Every socialist is a disguised dictator. – Ludwig von Mises
- No people and no part of a people shall be held against its will in a political association that it does not want. – Ludwig von Mises
- The issue is always the same: the government or the market. There is no third solution. – Ludwig von Mises
- The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion. – Ludwig von Mises
- Romanticism is man’s revolt against reason, as well as against the condition under which nature has compelled him to live. – Ludwig von Mises
- Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop. – Ludwig von Mises
- He who is unfit to serve his fellow citizens wants to rule them. – Ludwig von Mises
- The welfare of a people lies not in casting other peoples down but in peaceful collaboration. – Ludwig von Mises
- The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. – Ludwig von Mises
- War prosperity is like the prosperity that an earthquake or a plague brings. – Ludwig von Mises
- Capitalists desire purchasing power. Socialists lust for the power to plan society. Which is worse? – AE Samaan
- ARTIFICIALLY-INDUCED INTELLIGENCE DETERIORATES AT A RATE OF TIME DIRECTLY PROPORTIONAL TO THE QUANTITY OF THE INCREASE. – Daniel Keyes
- I believe we could both maintain growth and increase, both in quality and quantity – Sunday Adelaja
- She’s had a long life of experience in noticing evil, fancying evil, suspecting evil and going forth to do battle with evil. – Agatha Christie
- The nature of the universe probably depends heavily on who is the actual protagonist. Lately I’ve been suspecting it’s one of my cats. – Wil McCarthy
- need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. – Henry Hazlitt
- When you increase in learning and education, you increase your ability to act, and you have a chance to improve your circumstances. – Steve Shallenberger
- An encounter with God demands a response. An encounter with Satan demands your God’s response. – Shannon L Alder
- Money, money, money! I think about money morning, noon and night! I dare say it’s mercenary of me, but there it is – Agatha Christie
- What is the true cost of a purchasing decision that goes wrong? – Chris Murray
- When purchasing gifts becomes the focal point of the season, we lose focus on what’s truly important. – Joshua Fields Millburn
- Do not allow your life to diminish without reproducing it. – Sunday Adelaja
- The secret of all greatness is to not allow time diminish without converting it into a product of greatness. – Sunday Adelaja
- You have immense power–power to overcome, power to achieve, power to possess, and power to prosper, making you incredibly irresistible. – Anitra SheltonQuinn
- Fear least have power! The power of fear lies in the power of our fears. Without the power of our fears, fear is least empowered! – Ernest Agyemang Yeboah
- Power and wealth increase in direct proportion to a man’s distance from the material objects from which wealth and power are ultimately derived. – Aldous Huxley
- Will without Power is incomplete and power without will is dangerous when will and will power both are present, implementation is easy!!!! – Harrish Sairaman
- Money and power attract friends. But it’s not you they’re friends with -” just your money and power. Only affection brings genuine friends. – AuliqIce
- Money is not as good as power, but power is as good as money. – Amit Kalantri
- Time is money, money is power, power is pizza, and pizza is knowledge, let’s go! – Aubrey Plaza
- Money is a living power that dies without its root. Money will not serve the mind that cannot match it. Is this the reason why you call it evil? – Ayn Rand
- -‹I wanted to present Neuroscience to people in a way that would diminish their differences. – Abhijit Naskar
- The mind is the foundation for the next life. The foundation of the body will diminish [in this life itself]. – Dada Bhagwan
- The truly scary thing about undiscovered lies is that they have a greater capacity to diminish us than exposed ones. – Cheryl Hughes