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They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.

Ludwig von Mises

Related Topics

Appearance Artificial Boom Collapse Create Depression Expansion Open Soon Way

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Difficult Enter Freedom Indivisible One Restrict Soon Start Stop
The Welfare State is merely a method for transforming the market economy step by step into socialism.
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Market Misery Socialism State Step Transform Welfare
If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
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Bless Dream Enlightenment Eternal Happiness Live Mean Possible State
Under capitalism everybody provides for their own needs by serving others.
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Capitalism Everybody Need Other Provide Serving Under
The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
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Advocate Control Inflation Need Order Public Voter
The gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.
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Ambition Change Defeat Doctrine Excellent Independent Make Money Party Political Purchase Standard
The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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Against Gainst Man Men Minority Struggle Survival
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Authoritarian Create Enslave Limit Operation Private Property Set
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Archive Bless Breath Breathe Dream Know Miracle Moment
In such vital matters blind reliance upon ‘experts’ and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people’s domination.
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Catchwork Domination Matter Other Person Popular Reliance Vital Yield
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
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Action Economics Meaning Men Motivational Object Success
Do not give in to evil, but proceed ever more boldly against it.
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Against Evil Giving Invest Proceed
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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