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Ludwig von Mises Quotes: Depression is the aftermath of credit expansion.
         

Depression is the aftermath of credit expansion.


Ludwig von Mises
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"Ludwig von Mises Quotes." Quoteslyfe.com, 2024. Fri. 19 Apr. 2024. <https://www.quoteslyfe.com/quote/Depression-is-the-aftermath-of-credit-expansion-831280>.





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Other quotes of Ludwig von Mises


Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.



The worst evils which mankind has ever had to endure were inflicted by bad governments.

The worst evils which mankind has ever had to endure were inflicted by bad governments.



[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

[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



The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.



Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.



The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.



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.

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.



The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.



Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.



Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.





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The habits of a vigorous mind are formed in contending with difficulties.

The habits of a vigorous mind are formed in contending with difficulties.



You'll never learn how to do your endings until you FINISH your endings.

You'll never learn how to do your endings until you FINISH your endings.



Our reality depends on what our biology is up to.

Our reality depends on what our biology is up to.



People loved to talk about how Frank O'Hara didn't really care about getting published. That doesn't jibe with my experience.

People loved to talk about how Frank O'Hara didn't really care about getting published. That doesn't jibe with my experience.



I'm Greek, and we're conspiratorial by nature.

I'm Greek, and we're conspiratorial by nature.



I have so much respect for people that can do it [tredmill running], I wish I could because it looks really cool and really fun.

I have so much respect for people that can do it [tredmill running], I wish I could because it looks really cool and really fun.



The ultimate [travel destination] for me would be one perfect day in San Francisco. There's no city like it anywhere. And, if I could be there with the girl of my dreams, that would be the ultimate!

The ultimate [travel destination] for me would be one perfect day in San Francisco. There's no city like it anywhere. And, if I could be there with the girl of my dreams, that would be the ultimate!



This woman was so cross-eyed. She can go to a tennis match and never move her head.

This woman was so cross-eyed. She can go to a tennis match and never move her head.



Laughter is the very essence of religion. Seriousness is never religious, cannot be religious. Seriousness is of the ego, part of the very disease. Laughter is egolessness.

Laughter is the very essence of religion. Seriousness is never religious, cannot be religious. Seriousness is of the ego, part of the very disease. Laughter is egolessness.



The dreamers of the day are dangerous... for they may act their dream with open eyes, to make it possible.

The dreamers of the day are dangerous... for they may act their dream with open eyes, to make it possible.




Quote Description


This page presents the quote "Depression is the aftermath of credit expansion.". Author of this quote is Ludwig von Mises. This quote is about depression, credit, expansion, aftermath,.