Determinants of prices have their effect only through the medium of the subjective estimates of individuals
and the extent to which any given factor influences these subjective estimates can never be predicted.
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This page presents the quote "Determinants of prices have their effect only through the medium of the subjective estimates of individuals". Author of this quote is and the extent to which any given factor influences these subjective estimates can never be predicted.. This quote is about the theory of money and credit, ludwig von mises,.