Quote

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

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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
Cash
Increase
Demand
Money
Without
Holdings
Corresponding
Inflation
Quantity

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