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Ludwig von Mises

"The welfare of a people lies not in casting other peoples down but in peaceful collaboration."

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"The welfare of a people lies not in casting other peoples down but in peaceful collaboration."

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Ally Carter

"We are brothers and sisters. We are a sacred family."

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Ally Carter

"The reason there's no oneness and no harmony in the church is because the believers don't habitually walk in the light and they don't constantly allow God's light (knowledge) to shine in them."

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Ally Carter

"I didn't fail the test, I just found 100 ways to do it wrong."

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Ally Carter

"We are united by the bond of love."

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Ally Carter

"The black, the white, the brown, the red, the yellow, the hetero, the homo, the trans, the poor, the rich, the literate, the illiterate, the weak, the strong " all are my sisters and brothers. My life is their life. And till the last breath in my body, I shall be serving you all with all the power in my veins. And beyond death, my ideas shall be serving you for eternity."

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Ally Carter

"A common understanding is the pivot and a common way to bond the disintegrated."

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Ally Carter

"I came here to be for all and with all,and what I do today in my solitudewill be echoed tomorrow by the multitude.What I say now with one heartwill be said tomorrow by thousands of hearts..."

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Ally Carter

"For religion to truly become an aid to humanity as a whole, every human being must make sincere efforts to break down the dogmatic barriers among different religions constructed by the pathologically ill and dangerous fundamentalists."

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Ally Carter

"When we will learn to seeThere is no you and me but only weThen in this world peace will be."

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Ally Carter

"We are all connected, our thoughts affect the whole universe. Every small thought of peace will make the world a little more peaceful."

Explore more quotes by Ludwig von Mises

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Ludwig von Mises
"That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard."
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Ludwig von Mises
"Neither has the wealth of a country any bearing on the valuation of its money. Nothing is more erroneous than the widespread habit of regarding the monetary standard as something in the nature of the shares of the State or the community.Such observers fail to recognize that the valuation of the rnonetary unit does not depend upon the wealth of the country, but upon the ratio between the quantity of money and the demand for it, so that even the richest country may have a bad currency and the poorest country a good one."
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Ludwig von Mises
"The philosophy of protectionism is a philosophy of war."
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Ludwig von Mises
"The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices, that neither exportation nor importation can occur if there are no differences in prices to make trade profitable."
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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
"The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen."
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Ludwig von Mises
"The State does not govern the market; in the market in which products are exchanged it may quite possibly be a powerful party, but nevertheless it is only one party of many, nothing more than that. All its attempts to transform the exchange-ratios between economic goods that are determined in the market can only be undertaken with the instruments of the market."
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Ludwig von Mises
"A variation in the objective exchange-value of money can arise only when a force is exerted in one direction that is not cancelled by a counteracting force in the opposite direction. If the causes that alter the ratio between the stock of money and the demand for it from the point of view of an individual consist merely in accidental and personal factors that concern that particular individual only, then, according to the law of large numbers, it is likely that the forces arising from this cause, and acting in both directions in the market, will counterbalance each other."
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Ludwig von Mises
"The error in this conclusion may be most simply demonstrated by means of an actual example. Let us select for this purpose the monetary history of Austria, which Laughlin also uses as an illustration. From 1859 onwards the Austrian National Bank was released from the obligation to convert its notes on demand into silver, and nobody could tell when the State paper-money issued in 1866 would be redeemed, or even if it would be redeemed at all. It was not until the later 'nineties that the transition to metallic money was completed by the actual resumption of cash payments on the part of the Austro-Hungarian Bank."
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Ludwig von Mises
"The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement. They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent. They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau."
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