All Varieties Of Interference With The Market Phenomena Not Only Fail To Achieve The Ends Aimed At By Their Authors And Supporters, But Bring About A State Of Affairs Which - From The Point Of View Of Their Authors And Advocates Valuations - Is Less Desirable Than The Previous State Of Affairs Which They Were Designed To Alter.

-Ludwig Von Mises

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All Varieties Of Interference With The Market

Ludwig Von Mises

All Varieties Of Interference With The Market Phenomena Not Only Fail To Achieve The Ends Aimed At By Their Authors And Supporters, But Bring About A State Of Affairs Which - From The Point Of View Of Their Authors And Advocates Valuations - Is Less Desirable Than The Previous State Of Affairs Which They Were Designed To Alter.

Topic

Views

Liberty

Failing

Credit Expansion Can Bring About A Temporary Boom. But Such A Fictitious Prosperity Must End In A General Depression Of Trade, A Slump.

Slumps

Expansion

Credit