Exosphere

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mercoledì 29 giugno 2011

Il collasso della crisi economica

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 the 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, Human Action, 4th ed., Fox & Wilkes, San Francisco, p. 572.

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