According to Milton Friedman, "Inflation is always and everywhere a:

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Milton Friedman famously stated that inflation is always and everywhere a monetary phenomenon, meaning that it is primarily caused by excessive money creation by a central bank or government. This view is rooted in his belief in the quantity theory of money, which holds that changes in the money supply have a direct impact on price levels. Friedman argued that controlling the money supply is the most effective way to tackle inflation.

According to Milton Friedman, "Inflation Is Always and Everywhere A