“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 total catastrophe
of the currency involved.”
Ludwig Von Mises,
Human Action,
Yale University Press, 1949
(thanks to jatin for sharing this and much more with me)
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