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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Ludwig von Mises

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Increase Lowering Monetary Power Purchasing World

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
LUDWIG VON MISES

Action First Rational Reason Think
Liberty is meaningless if it is only the liberty to agree with those in power.
LUDWIG VON MISES

Agree Liberty Meaningless Only Power
The final outcome of the credit expansion is general impoverishment.
LUDWIG VON MISES

Credit Expansion Final General Impoverishment Outcome
For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
LUDWIG VON MISES

Create Destruction Essence Private Production Social
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
LUDWIG VON MISES

Economic First Intellectual Problem Prosperity Spiritual
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
LUDWIG VON MISES

Achievement Capitalism Deliver Good Need Propoganda Themselves
The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction.
LUDWIG VON MISES

Anybody Cause Contrary Corollary Entrepreneur Make People Poverty Process Rich Some Want
The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
LUDWIG VON MISES

Conceive Economic Factor Flowrm Human Ideas Intellectual Men Outstanding Social Society Sound Two
Under capitalism everybody provides for their own needs by serving others.
LUDWIG VON MISES

Capitalism Everybody Need Other Provide Serving Under
Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
LUDWIG VON MISES

Depression Government Interference Market Mass Unemployment
If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.
LUDWIG VON MISES

Account Faire Faliblity Government Laissez Man Moral React Reason Reject Same Weakness
The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
LUDWIG VON MISES

Acknowledge Construction Dreadful Peace Root War Weapon
What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
LUDWIG VON MISES

Liberation Mankind Ned Ninsensical Reason Return Rule Slogan Sound Today
German Marxian’s coined the dictum: If socialism is against human nature, then human nature must be changed.
LUDWIG VON MISES

Against Change Coin Country Human Human Nature Nature Philosophy Political Socialism
A higher standard of living also brings about a higher standard of culture and civilization.
LUDWIG VON MISES

Civilization Cultural Higher Living Standard
They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
LUDWIG VON MISES

Bless Bureau Clerk Garden Man Promise Subordinate Transform

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