Credit Suisse: “In case you missed it, this was probably the most interesting part that 99.99% won’t get. Suggest reading the book “what every body is saying””


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“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.”
~Ludwig von Mises, 1929

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h/t dr0id

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