"Credit expansion is the governments' foremost tool in……" — 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 conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous."
—
Ludwig von Mises
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More Abolish Quotes
This quote is filed under Abolish Quotes,
one of 222 quotes in that category. Here are a few more:
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Wise people, even though all laws were abolished, would still lead the same life.
— Aristophanes
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A Boss in Heaven is the best excuse for a boss on earth, therefore If God did exist, he would…
— Mikhail Bakunin
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A jealous lover of human liberty, deeming it the absolute condition of all that we admire and respect in humanity,…
— Mikhail Bakunin
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I am for socialism, disarmament, and, ultimately, for abolishing the state itself... I seek the social ownership of property, the…
— Roger Nash Baldwin
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We have abolished the death penalty for humans, so why should it continue for animals?
— Brigitte Bardot
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The year 2008 was a reminder to those who had forgotten that there is such a thing as history and…
— James Buchan
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Relegating women to second-class citizenship was abolished when Jesus died on the cross.
— Tony Campolo
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All the legislation in the world will not abolish kissing.
— Elinor Glyn
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If there be a principle that ought not to be questioned within the United States, it is that every man…
— James Madison
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When we abolish the slavery of half of humanity, together with the whole system of hypocrisy it implies, then the…
— Simone de Beauvoir
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Either man will abolish war, or war will abolish man.
— Bertrand Russell
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If men do not now succeed in abolishing war, civilization and mankind are doomed.
— Ludwig von Mises
See all 222 Abolish Quotes »