Tuesday, January 26, 2010

It's Inevitable

“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

The Bible calls it reaping what you sow (Galatians 6:7).

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