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The final outcome of the credit expansion is general impoverishment.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Expansion
Outcomes
Final
Finals
Credit
General
Politics
Impoverishment
Outcome

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All present-day governments are fanatically committed to an easy money policy.
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The state can be and has often been in the course of history the main source of mischief and disaster.
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