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Milton Friedman - Inflation is always and everywhere a...

Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. (Milton Friedman)

Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.

Milton Friedman

Related topics

increase inflation money output phenomenon quantity rapid sense

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