"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of the voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." - Ludwig von Mises
Showing posts with label banks edinburgh economy london scotsman independence. Show all posts
Showing posts with label banks edinburgh economy london scotsman independence. Show all posts