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"Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation."

— Ludwig von Mises
ludwig von mises Quotes Rising,Unemployment,Expansion

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Ludwig von Mises
Rising
Unemployment
Expansion
Inflation
Emergence
Demand
Government Policy
Outcomes
Credit
Rising Prices

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Next time you're faced with a credit-purchase decision, wait. Don't say no necessarily. Just wait. I challenge you to present your need to the Lord before presenting it to a bank, and see what He does with it.

— Charles R. Swindoll

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