Quote someone

Out of context: Reply #1756

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  • deathboy-2

    This country, and with it most of the Western world, is presently going through a period of inflation and credit expansion. As the quantity of money in circulation and deposits subject to check increases, there prevails a general tendency for the prices of commodities and services to rise. Business is booming. Yet such a boom, artificially engineered by monetary and credit expansion, cannot last forever. It must come to an end sooner or later. For paper money and bank deposits are not a proper substitute for nonexisting capital goods. Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.

    • you quoting your self or you quoting someone?
      — (Name)
      pango
    • google it if interested.deathboy
    • substance more important than namedeathboy
    • Nopango
    • ppl gettin into debt to buy stuff, the bubble expands, then contracts when a few ppl decide enuff is enuff - controlling debt is controlling ppl/worldgrafician
    • yup graf. however controlling all that is a monetized game.deathboy
    • "Quote someone"pango

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