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 a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.  Ludwig Von Mises

 

I will no longer be posting daily economics related articles and information.  I will be working on self defense videos.  Thanks, Coach David

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About Coach David

Learn to Fight--Real Self Defense

Posted on February 8, 2012, in Uncategorized and tagged . Bookmark the permalink. Leave a comment.

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