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||If it were really possible to substitute credit expansion (cheap money) for the accumulation of capital goods by saving, there would not be any poverty in the world.||Planning for Freedom|| p. 190||Money Supply
|Ludwig von Mises||Depression is the aftermath of credit expansion.||Planning for Freedom|| p. 7||Money Supply
|Ludwig von Mises||If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.||Economic Policy|| p. 66||Money Supply
|Ludwig von Mises||The quantity of money available in the whole economy is always sufficient to secure for everybody all that money does and can do.||Human Action|| p. 418; p. 421||Money Supply
|Ludwig von Mises||No increase in the welfare of the members of a society can result from the availability of an additional quantity of money.||The Theory of Money and Credit|| p. 102||Money Supply
|Ludwig von Mises||No nation need fear at any time to have less money than it needs.||The Theory of Money and Credit|| pp. 208-09||Money Supply
|Ludwig von Mises||In all countries where inflation has been rapid, it has been observed that the decrease in the value of the money has occurred faster than the increase in its quantity.||The Theory of Money and Credit|| p. 259||Money Supply
|Ludwig von Mises||The entrepreneurs who approach banks for loans are suffering from shortage of capital; it is never shortage of money in the proper sense of the word.||The Theory of Money and Credit|| p. 349||Money Supply