Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Ludwig von Mises, The Theory of Money and Credit Quotes: Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy.
         

Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy.


Ludwig von Mises, The Theory of Money and Credit
Check all other quotes by Ludwig von Mises, The Theory of Money and Credit

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy.
         



Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Ludwig von Mises, The Theory of Money and Credit Quotes." Quoteslyfe.com, 2024. Thu. 28 Mar. 2024. <https://www.quoteslyfe.com/quote/Inflation-made-it-possible-to-divert-the-80498>.





Check out


Other quotes of Ludwig von Mises, The Theory of Money and Credit


The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property.

The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property.



The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen.

The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen.



Inflationism is that monetary policy that seeks to increase the quantity of money.

Inflationism is that monetary policy that seeks to increase the quantity of money.



Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.

Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.



The doctrine of the importance of hoards for stabilizing the objective exchange-value of money has gradually lost its adherents with the passing of time. Nowadays its supporters are few.

The doctrine of the importance of hoards for stabilizing the objective exchange-value of money has gradually lost its adherents with the passing of time. Nowadays its supporters are few.



The exchange-value of money is the anticipated use-value of the things that can be obtained with it.

The exchange-value of money is the anticipated use-value of the things that can be obtained with it.



The function of money is to facilitate the business of the market by acting as a common medium of exchange.

The function of money is to facilitate the business of the market by acting as a common medium of exchange.





Other quotes you may like


Meanness is a monster that usurps your self-control because you cowardly allow it to conquer you.

Meanness is a monster that usurps your self-control because you cowardly allow it to conquer you.



I think most actors like to be liked.

I think most actors like to be liked.



We have, instead (of soot and dirt), disorganization. We have this proliferation of goods. It's the disease of the time.

We have, instead (of soot and dirt), disorganization. We have this proliferation of goods. It's the disease of the time.



Do not allow the accents in the brass to produce space between the notes.

Do not allow the accents in the brass to produce space between the notes.



Failure is relative. Life is adventure. Everything has beauty.

Failure is relative. Life is adventure. Everything has beauty.



Money is the harvest of our production and service. We in turn use it to obtain the production and service of others.

Money is the harvest of our production and service. We in turn use it to obtain the production and service of others.



If it's a good book, anyone will read it. I'm totally unashamed about still reading things I loved in my childhood.

If it's a good book, anyone will read it. I'm totally unashamed about still reading things I loved in my childhood.



Anybody who speaks quietly and shrivels up in company is unbelievably arrogant.

Anybody who speaks quietly and shrivels up in company is unbelievably arrogant.



I don't play too much into the color game, because I don't want to be the best African American quarterback, I want to be the best quarterback.

I don't play too much into the color game, because I don't want to be the best African American quarterback, I want to be the best quarterback.



The unambitious sluggard pretends that the eminence is not worth attaining, declines altogether the struggle, and calls himself a philosopher. I say he is a poor-spirited coward.

The unambitious sluggard pretends that the eminence is not worth attaining, declines altogether the struggle, and calls himself a philosopher. I say he is a poor-spirited coward.




Quote Description


This page presents the quote "Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy.". Author of this quote is Ludwig von Mises, The Theory of Money and Credit. This quote is about freedom, economics, capitalism, money,.