Favorites Quote's
Author
Topic's
Blog
The Perennial Gale Of Creative Destruction
-Joseph A. Schumpeter
Please Wait....
Translating....
Select Image
Download as Image
English
Spanish
French
German
Hindi
Chinese
The Perennial Gale Of Creative Destruction
Joseph A. Schumpeter
The Perennial Gale Of Creative Destruction
Views: 21
Topic
Creative
Gale
Economics
More From Joseph A. Schumpeter
Creative Destruction Is The Essential Fact About Capitalism.
Creative
Essentials
Facts
The Ballot Is Stronger Than Bullets.
Stronger
Bullets
Ballots
There Is Another Method Of Obtaining Money... It Does Not Presuppose The Existence Of Accumulated Results Of Previous Development, And Hence May Be Considered As The Only One Which Is Available In Strict Logic. This Method Of Obtaining Money Is The Creation Of Purchasing Power By Banks. The Form It Takes Is Immaterial.
Doe
Development
May
The Banker, Therefore, Is Not So Much Primarily A Middleman In The Commodity "purchasing Power" As A Producer Of This Commodity. However, Since All Reserve Funds And Savings Today Usually Flow To Him, And The Total Demand For Free Purchasing Power, Whether Existing Or To Be Created, Concentrates On Him, He Has Either Replaced Private Capitalists Or Become Their Agent; He Has Himself Become The Capitalist Par Excellence.
Excellence
Bankers
Saving
Gentlemen, A Depression Is For Capitalism Like A Good, Cold Douche.
Gentleman
Cold
Douches
Trending Author
Lou Ferrigno
Ray Floyd
Lee Child
Ian Anderson
Mikhail Bakunin
Peter Max
Category
Information