August 21, 2011

Otequay of the Ayday

The past instability of the market economy is the consequence of the exclusion of the most important regulator of the market mechanism, money, from itself being regulated by the market process.

Ludwig von Mises, from the sine qua non economics post below.

Economics and Markets Quote of the Day Posted by JohnGalt at August 21, 2011 11:16 AM
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