Ludwig Von Mises Quotes

A Third Group Of Inflationists Do Not Deny That Inflation Involves Serious Disadvantages. Nevertheless, They Think That There Are Higher And More Important Aims Of Economic Policy Than A Sound Monetary System. They Hold That Although Inflation May Be A Great Evil, Yet It Is Not The Greatest Evil, And That The State Might Under Certain Circumstances Find Itself In A Position Where It Would Do Well To Oppose Greater Evils With The Lesser Evil Of Inflation.

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