Ludwig von Mises - An attempt to remedy a present ill by sowing the s

No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.

- Ludwig von Mises - Topics: Monetary Policy, Economist.

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