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Replying to Avatar Michael Matulef

"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 voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Mises

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SatCap 2y ago

zap

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Michael Matulef 2y ago

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