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Ludwig von Mises

"Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being."

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"Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being."

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Amber Hurdle

"A single tree in the middle of nowhere means resistance and victory!"

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Amber Hurdle

"The best game ever played was in Monday 3/21/2016, 2 games were played for 40 minutes class sport and in both I win and I and my friend we were going on the 3 game, but unfortunately we didn't finished it. But from here it can be see that I'm the winner!"

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Amber Hurdle

"There is no bigger gratification than the realization of the things you believe in after overcoming all the odds."

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Amber Hurdle

"Each of us was saved by God not only to enjoy the kingdom of God but also to have a victorious life here on earth."

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Amber Hurdle

"You cannot possess your Promised Land without a battle."

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Amber Hurdle

"Don't give up! Keep trying, your victory is certain."

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Amber Hurdle

"Victory is the result of a battle."

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Amber Hurdle

"For a chic and an honorable full victory, you must make your own fight and win your own battle entirely by yourself! Try to refuse any help to get a pure victory, a victory which belongs merely to yourself!"

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Amber Hurdle

"We probably lose the battles, but we win the wars!"

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Amber Hurdle

"It's a story about victory that will touch the lives of everyone who watches it. It's powerful."

Explore more quotes by Ludwig von Mises

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Ludwig von Mises
"When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money."
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Ludwig von Mises
"They did not suffer shipwreck because the entrepreneurs were not public-spirited, as the socialist-etatistic legend has it. They were bound to fail because the economic organization based upon division of labour and private property in the means of production can function only so long as price-determination in the market is free."
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Ludwig von Mises
"The mistake in the argument of those who suppose that a variation in the quantity of money results in an inversely proportionate variation in its purchasing power lies in its starting-point. If we wish to arrive at a correct conclusion, we must start with the valuations of separate individuals; we must examine the way in which an increase or decrease in the quantity of money affects the value-scales of individuals, for it is from these alone that variations in the exchange-ratios of goods proceed."
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Ludwig von Mises
"It has been proposed that monetary liabilities should be settled in terms of gold and not according to their nominal amount. If this proposal were adopted, for each mark that had been borrowed that sum would have to be repaid that could at the time of repayment buy the same weight of gold as one mark could at the time when the debt contract was entered into. The fact that such proposals are now put forward and meet with approval shows that etatism has already lost its hold on the monetary system and that inflationary policies are inevitably approaching their end. Even only a few years ago, such a proposal would either have been ridiculed or else branded as high treason."
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Ludwig von Mises
"If the State uses this power systematically in order to force the community to accept a particular sort of money whose employment it desires for reasons of monetary policy, then it is actually carrying through a measure of monetary policy. The States which completed the transition to a gold standard a generation ago, did so from motives of monetary policy. They gave up the silver standard or the credit-money standard because they recognized that the behaviour of the value of silver or of credit money was unsuited to the economic policy they were following."
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Ludwig von Mises
"If one prevents a man from working for the good of society while at the same time providing for the satisfaction of his own needs, then only one way remains open to him: to make himself richer and others poorer by the violent oppression and spoliation of his fellow men."
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Ludwig von Mises
"History likewise shows that sometimes the 'monetary standard of the victors' can prove to be very bad. There have seldom been more brilliant victories than those eventually achieved by the American insurgents under Washington against the English troops. But the American 'continental" dollar did not benefit from them. The more proudly the star-spangled banner rose on high, the lower did the exchange-rate fall, until, at the very moment when the victory of the rebels was secured, the dollar became entirely valueless. The course of events was no different not long afterwards in France. In spite of the victories of the revolutionary army, the metal premium rose."
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Ludwig von Mises
"All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists."
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Ludwig von Mises
"Society has arisen out of the works of peace; the essence of society is peacemaking."
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Ludwig von Mises
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
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