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, The Theory of Money and Credit
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This page presents the quote "Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.". Author of this quote is Ludwig von Mises, The Theory of Money and Credit. This quote is about freedom, economics, capitalism, money,.