Next time you hear talk of a government 'stimulus', remember... Tax & Spending 25 Feb Written By Wordsmith 4841 mises-on-money 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 Wordsmith
Next time you hear talk of a government 'stimulus', remember... Tax & Spending 25 Feb Written By Wordsmith 4841 mises-on-money 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 Wordsmith
