Action Quote by Ludwig von Mises

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

There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign…

— William Smith White

If the governments devalue the currency in order to betray all creditors, you politely call this procedure 'inflation'.

— George Bernard Shaw

There is always the potential for a central bank to engage in discretionary monetary policy and to break the one-to-one link between changes in…

— Steve Hanke

Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher…

— Ludwig von Mises

In a globally integrated economy, the biggest challenge is to make sure there is adequate global aggregate demand, achieved through spending, when countries like…

— Joseph Stiglitz

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads…

— Bill Gross

Monetary expansion is a massive scheme of hidden redistribution.

— Murray Rothbard

I do sense that the financial system is under the gun. In order to keep our system and economies moving globally, there's the need…

— Henry Kaufman

Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank…

— Mark Zandi

International money transfer is a massive consumer rip-off. Banks and companies like Western Union have gotten away with it for too long.

— Taavet Hinrikus

While monetary policy affects foreign exchange, it also has a major impact on the burden of interest payments by small- and medium-sized enterprises.

— Fumio Kishida