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Ludwig von Mises

"Where the currency depreciation is a result of government inflation carried out by the issue of notes, it is possible to avert its disastrous effect on economic calculation by conducting all bookkeeping in a stable money instead. But so far as the depreciation is a depreciation of gold, the world money, there is no such easy way out."

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"Where the currency depreciation is a result of government inflation carried out by the issue of notes, it is possible to avert its disastrous effect on economic calculation by conducting all bookkeeping in a stable money instead. But so far as the depreciation is a depreciation of gold, the world money, there is no such easy way out."

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Assegid Habtewold

"The mentality of seeking miracles from one place to another is destructive to the economy."

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Personal Development

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Assegid Habtewold

"As troubles bring money, money in turn can also bring troubles."

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Personal Development

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Assegid Habtewold

"I saw the poverty, I say the prosperity. Both have fundamental problems."

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Assegid Habtewold

"He was finding it ruinously expensive to be rich."

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Assegid Habtewold

"Anything which is physically possible can be made financially possible, if the people of a state desire it."

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Personal Development

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Assegid Habtewold

"Shenanigans is a financial model on the catwalk."

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Personal Development

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Assegid Habtewold

"If you despise increase, you are a strange personality in the society."

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Personal Development

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Assegid Habtewold

"Usually when people talk about the trickle-down theory, it has to do with economics. The richer people at the top of a society become, supposedly, the more wealth there is to trickle down to the people below. It never really works out that way, of course, because if there are 2 things people at the top can't stand, they have to be leakage and overflow."

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Personal Development

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Assegid Habtewold

"Miracle focus messages compels masses to think that the process of production is not necessary for prosperity."

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Personal Development

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Assegid Habtewold

"Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around."

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Ludwig von Mises
"The philosophy of protectionism is a philosophy of war."

War

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Ludwig von Mises
"War prosperity is like the prosperity that an earthquake or a plague brings."

War

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Ludwig von Mises
"The attainment of the economic aims of man presupposes peace."

Peace

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Ludwig von Mises
"If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace."

History

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Ludwig von Mises
"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."

Policy

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Ludwig von Mises
"Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace."

Peace

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Ludwig von Mises
"Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man."

Nature

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Ludwig von Mises
"War... is harmful, not only to the conquered but to the conqueror."

War

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Ludwig von Mises
"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation."

Attitude

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Ludwig von Mises
"Economically considered, war and revolution are always bad business."

Business

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