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Ludwig von Mises Quotes: What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.
         

What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.


Ludwig von Mises
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Other quotes of Ludwig von Mises


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This page presents the quote "What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.". Author of this quote is Ludwig von Mises. This quote is about deposits, built, money, collapse, sound, goods, fiduciary, credit, media,.