Ludwig Von Mises said this quote

“ Where the currency depreciation is a result of government inflation carried out by the issue of notes, it is possible to avert its disastrous effect on economic calculation by conducting all bookkeeping in a stable money instead. But so far as the depreciation is a depreciation of gold, the world money, there is no such easy way out. ”

Famous Quotes of Ludwig Von Mises

Famous quotes of Ludwig Von Mises from the classy quote

See all

Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.

~ Ludwig Von Mises

The biological equipment of a man rigidly restricts the field in which he can serve.

~ Ludwig Von Mises

Science does not give us absolute and final certainty. It only gives us assurance within the limits of our mental abilities and the prevailing state of scientific thought.

~ Ludwig Von Mises

The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inﬂicted by bad governments. The state can be and has often been in the course of history the main source of mischief and disaster.

~ Ludwig Von Mises