The quote "Inflation is always and everywhere a monetary phenomenon" is attributed to:
A) Karl Marx.
B) Thomas Sargent.
C) Milton Friedman.
D) Alan Greenspan.
E) David Ricardo.

Name: The quote "Inflation is always and everywhere a monetary phenomenon" is attributed to: A) Karl Marx. B) Thomas Sargent. C) Milton Friedman. D) Alan Greenspan. E) David Ricardo.
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The quote is famously attributed to economist Milton Friedman, who argued that inflation is caused by an increase in the money supply.

The Quote "Inflation Is Always and Everywhere a Monetary Phenomenon