Fortunes Cannot Grow; Someone Has To Increase

There Is No Means Of Avoiding The Final Collapse Of A Boom Brought About By Credit Expansion. The Alternative Is Only Whether The Crisis Should Come Sooner As The Result Of Voluntary Abandonment Of Further Credit Expansion, Or Later As A Final And Total Catastrophe Of The Currency System Involved.

Capital Is Not A Free Gift Of God Or Of Nature. It Is The Outcome Of A Provident Restriction Of Consumption On The Part Of Man. It Is Created And Increased By Saving And Maintained By The Abstention From Dissaving.

The Concept Of A 'just' Or 'fair' Price Is Devoid Of Any Scientific Meaning; It Is A Disguise For Wishes, A Striving For A State Of Affairs Different From Reality.

A Wealthy Man Can Preserve His Wealth Only By Continuing To Serve The Consumers In The Most Efficient Way.

As Soon As The Economic Freedom Which The Market Economy Grants To Its Members Is Removed, All Political Liberties And Bills Of Rights Become Humbug.