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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
World
Unit
Monetary
Units
Quantity
Increase
Bring
Money
Lowering
Power
Purchasing

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Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
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Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
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Despots and democratic majorities are drunk with power.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.
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No one can escape the influence of a prevailing ideology.
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Only the naive inflationist's could believe that government could enrich mankind through fiat money.
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Big business always serve - directly or indirectly - the masses.
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