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Credit Quotes by Ludwig von Mises
- 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…
- One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend.…
- Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action…
- Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in…
- Depression is the aftermath of credit expansion.
- True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit…
- Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure…
- The final outcome of the credit expansion is general impoverishment.
More Credit Quotes
- I don't use a debit card. The safest thing is a credit card because you're using the bank's money. If someone accesses… — Frank Abagnale
- We always expect tremendous criticism. It is my role to be the lightning rod ... to attract the attacks against the organization… — Julian Assange
- I often get letters, quite frequently, from people who say how they like the programmes a lot, but I never give credit… — David Attenborough
- You can examine the whole 19th century from the point of view of who would have maxed out their credit cards. Emma… — Margaret Atwood
- I want to state unequivocally for the world, as well as for the markets, as well as for the American people: I… — Michele Bachmann
- It's true that I don't rearrange that much in the fiction, but I feel if you change even one name or the… — Nicholson Baker
- It's always seemed odd to me that after a group of terrorists commits a vile and odious deed they rush messages to… — Russell Baker
- When women love us, they forgive us everything, even our crimes; when they do not love us, they give us credit for… — Honore de Balzac
- All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor… — John Adams
- Great discoveries and improvements invariably involve the cooperation of many minds. I may be given credit for having blazed the trail, but… — Alexander Graham Bell
- The most powerful person is he who is able to do least himself and burden others most with the things for which… — Theodor Adorno
- The American public's a lot more sophisticated than we all give them credit for. And on complicated issues, I'm going to give… — Joe Biden