PREMIUM FEATURE
Advanced Search Filters
Filter search results by source, date, and more with our premium search tools.
Inflation may be defined as any increase in the economy's supply of money not consisting of an increase in the stock of the money metal. - Murray Rothbard
" "Inflation may be defined as any increase in the economy's supply of money not consisting of an increase in the stock of the money metal.
English
Collect this quote
About Murray Rothbard
Murray Newton Rothbard (2 March 1926 – 7 January 1995) was an American economist of the Austrian School, an historian of both economic thought and American history, and a political philosopher whose writings and personal influence played a seminal role in the development of modern libertarianism. Rothbard was the founder and leading theoretician of anarcho-capitalism, a staunch advocate of natural law, and a central figure in the twentieth-century American libertarian movement. He was the author of over twenty books on anarchist theory, history, economics, and other subjects.
Also Known As
Birth Name:
Murray Newton Rothbard
Alternative Names:
Murray N. Rothbard
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Murray Rothbard
So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?
Try QuoteGPT
Chat naturally about what you need. Each answer links back to real quotes with citations.
I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. Anarchists oppose the State because it has its very being in such aggression, namely, the expropriation of private property through taxation, the coercive exclusion of other providers of defense service from its territory, and all of the other depredations and coercions that are built upon these twin foci of invasions of individual rights.
Loading...