currency depreciation a result government inflation carried issue note — Ludwig von Mises, Theory Money Credit

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disregard exchange present goods future goods, restrict considerations — Ludwig von Mises, Theory Money Credit

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true speculator happen go astray estimate future prices. usually overl — Ludwig von Mises, Theory Money Credit

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even though questions currency policy never questions value money, som — Ludwig von Mises, Theory Money Credit

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thus improperly regarded profit, instead part capital, consumed entrep — Ludwig von Mises, Theory Money Credit

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Inflationism monetary policy seeks increase quantity money. — Ludwig von Mises, Theory Money Credit

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Speculation determine prices; accept prices determined market. ts effo — Ludwig von Mises, Theory Money Credit

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State need do, do, order preserve monetary system undisturbed, refrain — Ludwig von Mises, Theory Money Credit

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State need do, do, order preserve monetary system undisturbed, refrain — Ludwig von Mises, Theory Money Credit

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balance-of-payments theory forgets volume foreign trade completely dep — exportation importation occur no differences prices make trade profitable.

that neither exportation nor importation can occur if there are no differences in prices to make trade profitable.
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