Mention842308
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so:text | 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. … A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society. (en) |
so:isPartOf | https://en.wikiquote.org/wiki/Milton_Friedman |
qkg:hasContext | qkg:Context415598 |
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qkg:Quotation798252 | qkg:hasMention |
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