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The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

Ludwig von Mises

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Abandonment Alternative Come Currency Expansion Involved Sooner Voluntary Whether

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The mark of the creative mind is that it defies a part of what it has learned.
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Creative Defies Learn Mark Mind
Every socialist is a disguised dictator.
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Dictator Disguise Socialist
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LUDWIG VON MISES

Abandonment Alternative Come Currency Expansion Involved Sooner Voluntary Whether
The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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Capitalist Consumer Entrepreneur Succeed Supply Technologies
[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
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Bold Design Disregard Economic Fail History Law Long Political Record
The fundamental law of the market is: the customer is always right.
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Customer Fundamentals Law Right
Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .
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Arbitrary Cog Complement Complex Fiscal Government Gradually Inflation Institution Lead Policies Statism
Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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Arisen Essence Father Make Out Peace Society War Work
Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
LUDWIG VON MISES

Additional Borrow Citizen Fund Government Job Provide Spend Taxi
Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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Call Consequences Government Intervention Marketplace Unintended
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
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Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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Alternative Being Capitalism Human Men Politics Socialism System
Liberty is always freedom from the government.
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Always Government Liberty
The final outcome of the credit expansion is general impoverishment.
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Freedom really means the freedom to make mistakes.
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Freedom Mean Mistake Really
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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Increase Lowering Monetary Power Purchasing World

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