Credit Quote by Ludwig von Mises Download Open image “The final outcome of the credit expansion is general impoverishment.” — Ludwig von Mises ★ ★ ★ ★ ★ 4.8 out of 5 (5 ratings) Copy quoteShare Credit Credit Expansion Expansion Expansion General Final Outcome Finals General Impoverishment Impoverishment Outcomes Politics
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
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis… — Ludwig von Mises Copy Share Image
Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to… — Ludwig von Mises Copy Share Image
If you have to prove you are worthy of credit, your credit is already gone. — Walter Bagehot Copy Share Image
Debtors will seek to cancel their debts. Creditors will try to collect, and the more they succeed, the more they will impoverish the economy. — Michael Hudson Copy Share Image
It's the deleveraging that's going on right now that has caused the credit crisis. — Warren Buffett Copy Share Image
Every debt is ultimately paid, if not by the debtor, then eventually by the creditor. — James Grant Copy Share Image
If you take the credit, you lose it. If you give away the credit, it comes back multiplied. — Mark Victor Hansen Copy Share Image
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
A debt ... is just an exchange that has not been brought to completion. — David Graeber Copy Share Image
Every banker knows that if he has to prove he is worthy of credit, in fact his credit is gone. — Walter Bagehot Copy Share Image
Typically, students slide into debt through the extension (by credit card companies) of unaffordable credit lines. — Robert Manning 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
I don't really like too much credit. I know nobody's going to believe this, but I'd rather be able to score goals and nobody… — Bradley Wright-Phillips Copy Share Image
Forget the credit, they (male actors) take all the money as well. We don't get paid even one-third of what male actors get. It's… — Kangana Ranaut Copy Share Image
I became a bit of a teacher's pet, and it became known in the school by both faculty and students that I really excelled… — Paul Smith Copy Share Image
The only way to make sure that the Hand didn't get to you would have been to kill your brother. I could've done it,… — Ilona Andrews Copy Share Image
I am a millionaire today and my wife deserves all of the credit. Before I met her I was a multi-millionaire. — Chi Chi Rodriguez Copy Share Image
Nothing teaches great writing like the very best books do. Yet, good teachers often help students cross that bridge, and I have to say… — Julia Glass Copy Share Image
Never threaten, because a threat is a promise to pay that it isn't always convenient to meet, but if you don't make it good… — George Horace Lorimer Copy Share Image
What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory… — Bernie Sanders Copy Share Image
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward… — Suze Orman Copy Share Image
My illness is one often characterized by dramatic overspending - in my case through frenzied shopping sprees, credit card abuse, excessive hoarding of unnecessary… — Andy Behrman Copy Share Image
