Money and Banks

Displaying 1941 - 1950 of 2787
Philipp Bagus

It is likely that with the bailout of Greece we have already passed this point of no return.

William Graham Sumner

A government which interferes with banking exposes itself to great danger of error, and such errors cost it popular confidence sooner than any others.

Michael Pollaro

"The essence of 'immediate convertibility' is the difference between what Austrians call a claim transaction or warehouse receipt, like a demand deposit, and a credit transaction, like a time deposit."

Ludwig von Mises

Interest is a homogeneous phenomenon. There are no different sources of interest.