Skip to content

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

Another quote →

Topics

Money

More quotes by Ludwig von Mises

The men who are to protect the community against violent aggression easily turn into the most dangerous aggressors. They transgress their mandate.

The Ultimate Foundation of Economic Science (1962)

In a battle between force and an idea, the latter always prevails.

Liberalism (1927)

Repression by brute force is always a confession of the inability to make use of the better weapons of the intellect — better because they alone give promise of final success.

Liberalism (1927)

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

The Ultimate Foundation of Economic Science (1962)

Within a militarist community there is no freedom; there are only obedience and discipline.

Omnipotent Government: The Rise of the Total State and Total War (1944)

All Ludwig von Mises quotes →

You may also like

Men accept servility in order to acquire wealth; as if they could acquire anything of their own when they cannot even assert that they belong to themselves.

Étienne de La Boétie Discourse on Voluntary Servitude (1548)

Health is the greatest gift, contentment is the greatest wealth, a trusted friend is the best relative, Nibbana is the greatest bliss.

Gautama Buddha

Opulence is always the result of theft, if not committed by the actual possessor, then by his predecessor.

Jerome The Cry for Justice (1915)

Bourgeois society is ruled by equivalence. It makes the dissimilar comparable by reducing it to abstract quantities. To the Enlightenment, that which does not reduce to numbers, and ultimately to the one, becomes illusion.

Max Horkheimer Dialektik der Aufklärung [Dialectic of Enlightenment (1944)

Attribution

Quote text and notes from Wikiquote: Ludwig von Mises (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.