Ludwig von Mises: "We must comprehend that it is impossible to improve the economic conditions of the underdeveloped nations by grants in aid. If we send them foodstuffs to fight famines, we merely relieve their governments from the necessity of abandoning their disastrous agricultural policies." - Money, Method, and the Market Process
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|Ludwig von Mises||All monetary policies encounter the difficulty that the effects of any measures taken . . . can neither be foreseen in advance, nor their nature and magnitude be determined even after they have already occurred.||The Theory of Money and Credit|| p. 271||Monetary Policy
|Ludwig von Mises||The interests of the capitalists are scarcely ever represented in monetary policy.||The Theory of Money and Credit|| p. 414||Monetary Policy
|Ludwig von Mises||All present-day governments are fanatically committed to an easy money policy.||Human Action||p. 570; p. 572||Monetary Policy