Economic history is a long record of Government policies that failed because they were designed with a bold disregard for the laws of economics.
- Ludwig von Mises - Topics: Government.
Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.
- Ludwig von Mises - Topics: Liberalism, Inflation, Gold, Socialism.
Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.
- Ludwig von Mises - Topics: Tax.
There is only one side of the market and it is not the bull side or the bear side, but the right side.
- Jesse Livermore - Topics: Trader, Stock Market.
Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.
- Alexander Elder - Topics: Trader.
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
- Friedrich A. Hayek - Topics: Fiat Currency, Government, Inflation.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
- Nassim Nicholas Taleb - Topics: Cryptocurrency.
The longer the boom of inflationary bank credit continues, the greater the scope of malinvestments in capital goods, and the greater the need for liquidation of these unsound investments. When the credit expansion stops, reverses, or even significantly slows down, the malinvestments are revealed.
- Ludwig von Mises - Topics: Monetary Policy.
Opportunity is missed by most people because it comes dressed in overalls and looks like work.
- Thomas Edison - Topics: Opportunity.
The government must keep its hands off the recession, so that the recession process can quickly eliminate the distortions imposed by the government-created inflationary boom
- Ludwig von Mises - Topics: Government, Monetary Policy.
The government takes your money away with taxes and then hires people to bother you even more.
- Marc Faber - Topics: Government.
If you let the market make you feel high or low, you will lose money.
- Alexander Elder - Topics: Trader, Stock Market.
