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— Ludwig von Mises"Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump."
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Honour is a homicide and a bloodspiller, that gangs about making frays in the street; but Credit is a decent honest man, that sits at hame and makes the pat play.
— Walter Scott
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The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.
— Robert Fogel
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