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Vexari

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Vexari

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Re: None

Wednesday, 11/26/2014 2:04:57 PM

Wednesday, November 26, 2014 2:04:57 PM

Post# of 4263
There is no means of avoiding the final collapse of a boom brought about by credit expansion

The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion

or later as a final or total catastrophe of the currency system involved..


~ Ludwig von Mises ~ (1881-1973)

Economist and social philosopher


I am now quite sure that 'Tragedy and Hope' was suppressed although
I do not know why or by whom. ~ C.Quigley ~

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