Ludwig von Mises, economist, 1881 - 1973.
World of finance
"There is no means of avoiding the final collapse of a boom brought on by credit expansion. The question is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
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banking,
contrarian comments,
economy
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By the way, von Mises is one of the "godfathers" of our ex-future prime minister to be.
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