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Murray Rothbard - Inflation Quotes

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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
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Inflation, being a fraudulent invasion of property, could not take place on the free market.

Murray Rothbard
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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?

Murray Rothbard

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It would be a poor thing to be an atom in a world without physicists. And physicists are made of atoms. A physicist is an atom's way of knowing about atoms.
George Wald

Murray Rothbard

Murray Rothbard
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Born: March 2, 1926
Died: January 7, 1995 (aged 68)
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