Money Supply

If it were really possible to substitute credit expansion (cheap money) for the accumulation of capital goods by saving, there would not be any poverty in the world.

Planning for Freedom, p. 190

Depression is the aftermath of credit expansion.

Planning for Freedom, p. 7

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Economic Policy, p. 66

The quantity of money available in the whole economy is always sufficient to secure for everybody all that money does and can do.

Human Action, p. 418; p. 421

All present-day governments are fanatically committed to an easy money policy.

Human Action, p. 570; p. 572

No increase in the welfare of the members of a society can result from the availability of an additional quantity of money.

The Theory of Money and Credit, p. 102

No nation need fear at any time to have less money than it needs.

The Theory of Money and Credit, pp. 208–09

In all countries where inflation has been rapid, it has been observed that the decrease in the value of the money has occurred faster than the increase in its quantity.

The Theory of Money and Credit, p. 259

The entrepreneurs who approach banks for loans are suffering from shortage of capital; it is never shortage of money in the proper sense of the word.

The Theory of Money and Credit, p. 349