Ludwig von Mises Quotes: Warnings About the Dangers of Monetary Policy You Must Know!

„Through the artifices of banking and monetary policy one can achieve only a temporary illusion of improvement, which must ultimately lead to an even more severe catastrophe. For the longer this artificial boom is sustained by the creation of additional credit, the greater the damage inflicted on general prosperity by the use of such measures.“

Ludwig Heinrich Edler von MisesLudwig von Mises warns against short-term illusions in monetary policy and their long-term catastrophic consequences for the national economy.

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This quote warns against the short-term illusions created by banking policies and highlights the long-term risks to the economy.

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