Aftermath Quote by Ludwig von Mises Download Open image “Depression is the aftermath of credit expansion.” — Ludwig von Mises ★ ★ ★ ★ ★ 4.5 out of 5 (6 ratings) Copy quoteShare Aftermath Credit Depression Expansion Inspirational
To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about. — Friedrich August von Hayek Copy Share Image
To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because… — Friedrich August von Hayek Copy Share Image
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to… — Ludwig von Mises Copy Share Image
Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump. — Ludwig von Mises Copy Share Image
I hope we will never again see such a depression. But I am troubled by the huge consumer installment debt which hangs over the… — Gordon B. Hinckley Copy Share Image
THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is mainly responsible… — Benjamin Graham Copy Share Image
To my mind, the main reason for the Depression in the United States as a whole, is the bondage of debt and the spirit… — Heber J. Grant Copy Share Image
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds… — Ben Bernanke Copy Share Image
A depression is a large-scale decline in production and trade...there is nothing in the nature of a free-market economy to cause such an event. — Nathaniel Branden Copy Share Image
“THE "depression" was a blessing in disguise. It reduced the whole world to a new starting point that gives every one a new opportunity.” — Napoleon Hill Copy Share Image
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other… — Ludwig von Mises Copy Share Image
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest… — Ludwig von Mises Copy Share Image
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share Image
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims… — Ludwig von Mises Copy Share Image
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages… — Ludwig von Mises Copy Share Image
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent… — Ludwig von Mises Copy Share Image
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense… — Ludwig von Mises Copy Share Image
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share Image
What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at… — Ludwig von Mises Copy Share Image
In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold… — Ludwig von Mises Copy Share Image
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave… — Ludwig von Mises Copy Share Image
Affirmative action was designed to recognize the uniquely difficult journey of African-Americans. This policy was justifiable and understandable, even to those who came from… — Jim Webb Copy Share Image
Most people may not think about it, but the aftermath of war is very costly. Costly not just in lives, but the treatment. Because… — Daniel Inouye Copy Share Image
'Life's That Way' was an extraordinarily difficult book to write, because it wasn't written as a book. It was written as a journal of… — Jim Beaver Copy Share Image
'The Accursed' is very much a novel about social injustice as the consequence of the terrible, tragic division of classes - the exploitation not… — Joyce Carol Oates Copy Share Image
In the aftermath of 9/11, people had not a good time, but a deep, profound, rousing time, woke up from their ennui and isolation… — Rebecca Solnit Copy Share Image
In a brilliant fusion of fact and fiction, Jayne Anne Phillips has written the novel of the year. It's the story of a serial… — Stephen King Copy Share Image
In the aftermath of 9/11 and in the build-up to the invasion of Iraq, few questioned the idea that the United States was likely… — Martin Jacques Copy Share Image
In the aftermath of any war or genocide, healing and reconciliation are ultimate aspirations. — Janine di Giovanni Copy Share Image
I wish I had been more mature. I wish I had handled the immediate aftermath of the accident involving my family better. — Joe Biden Copy Share Image
But I don't know what to him about the aftermath of killing a person. About how they never leave you. — Suzanne Collins Copy Share Image
We need to have a modicum of faith in people's common sense, creativity and will to survive and prosper even in the face of… — Robert Higgs Copy Share Image
I can't think of any time we had a discussion [with Dre] about the aftermath of what happened the night before. We just had… — Michel'le Copy Share Image
