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“The greatest threat to private wealth throughout history has always been institutionalized violence, the incarnation of which we have referred to as “the State” only over the past few centuries. This”
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
“In the euro area, there is still some industry, while the US dollar is mainly “backed” by military might. This”
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
“It is increasingly a world of calories without nutritional value, stories without comfort, information without knowledge, contacts without friendship, politics without community, creation without beauty, activities lacking sense. On the basis of a growing spiral of debt, only quantitative, but not qualitative growth can thrive.”
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
“With respect to cheaper alternatives of lower quality, we close one eye, while our trading partners in Asia are closing both eyes and are still allowing themselves to be fobbed off with the illusory value of our currencies. In”
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
― Austrian School for Investors: Austrian Investing between Inflation and Deflation
