Lecture 4 of 13 · Ludwig von Mises Archives

Monetary Problems

Ludwig von Mises · 1:00:54 · Recorded 23 June 1970

The monetary problem – the market problem – is the medium of exchange. The illusion is that one would be better off if only one had more money. Everybody should have more money. Therefore, make more money. This creates the system of inflation.

Austrian Economics OverviewMonetary TheoryPhilosophy and Methodology

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Ludwig von Mises Archives

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Speakers: Ludwig von Mises.

Recording date and topics for this lecture come from the Mises Institute's page for Monetary Problems, checked 2026-07-23.