A Quote by Ludwig von Mises

Continued inflation inevitably leads to catastrophe. — © Ludwig von Mises
Continued inflation inevitably leads to catastrophe.
The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.
The sense of national catastrophe is inevitably heightened in a television age, when the whole country participates in it.
Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation." "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.
My books have three W's on them, which are "words," "wisdom," and "wonder." Words inevitably lead to wisdom, and wisdom inevitably leads to wonder and awe at this phenomenal world around us.
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.
During the 1970s, inflation expectations rose markedly because the Federal Reserve allowed actual inflation to ratchet up persistently in response to economic disruptions - a development that made it more difficult to stabilize both inflation and employment.
Models used to describe and predict inflation commonly distinguish between changes in food and energy prices - which enter into total inflation - and movements in the prices of other goods and services - that is, core inflation.
When a decision is taken belatedly, its execution inevitably leads to haste.
What's worse - loneliness or a relationship that inevitably leads to costly therapy sessions?
The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating together. As a result of the monetary inflation (when all of the newly created money begins to leave the banks and enter the system), the price inflation will be worldwide.
Statism – the subordination of the individual to the state - leads inevitably to the most hideous oppression.
Peace through superior violence inevitably leads to the atom bomb and all that it stands for.
Whenever there is a catastrophe, some religious people inevitably ask, 'Why didn't God do something? Where was God when all those people died?'
An educated mind is practiced in the uses of reason, which inevitably leads to a skeptical outlook.
Capitalism is based on ruthless exploitation and competition, and leads inevitably to the development of mega monopolies.
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