Inflation, being a fraudulent invasion of property, could not take place on the free market.
Murray RothbardThe more consistently Austrian School an economist is, the better a writer he will be.
Murray Rothbard[T]he crucial question is not, as so many believe, whether property rights should be private or governmental, but rather whether the necessarily 'private' owners are legitimate owners or criminals. For ultimately, there is no entity called 'government'; there are only people forming themselves into groups called 'governments' and acting in a 'governmental' manner. All property is therefore always 'private'; the only and critical question is whether it should reside in the hands of criminals or of the proper and legitimate owners.
Murray Rothbard