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Quotes from The Counter-Revolution in Monetary Theory — Milton Friedman

1912–2006 United States

← All quotes by Milton Friedman

1 quote

Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.

The Counter-Revolution in Monetary Theory (1970)

Attribution

Quotes and notes from Wikiquote: Milton Friedman (page history), available under CC BY-SA 4.0.