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Ludwig von Mises, The Theory of Money and Credit Quotes: The function of money is to facilitate the business of the market by acting as a common medium of exchange.
         

The function of money is to facilitate the business of the market by acting as a common medium of exchange.


Ludwig von Mises, The Theory of Money and Credit
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The function of money is to facilitate the business of the market by acting as a common medium of exchange.
         



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"Ludwig von Mises, The Theory of Money and Credit Quotes." Quoteslyfe.com, 2024. Fri. 22 Nov. 2024. <https://www.quoteslyfe.com/quote/The-function-of-money-is-to-facilitate-204883>.





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Other quotes of Ludwig von Mises, The Theory of Money and Credit


The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property.

The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property.



The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen.

The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen.



Inflationism is that monetary policy that seeks to increase the quantity of money.

Inflationism is that monetary policy that seeks to increase the quantity of money.



Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.

Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.



Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy.

Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy.



The doctrine of the importance of hoards for stabilizing the objective exchange-value of money has gradually lost its adherents with the passing of time. Nowadays its supporters are few.

The doctrine of the importance of hoards for stabilizing the objective exchange-value of money has gradually lost its adherents with the passing of time. Nowadays its supporters are few.



The exchange-value of money is the anticipated use-value of the things that can be obtained with it.

The exchange-value of money is the anticipated use-value of the things that can be obtained with it.





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No live organism can continue for long to exist sanely under conditions of absolute reality.

No live organism can continue for long to exist sanely under conditions of absolute reality.



You will never be saved against your will; God drags nobody to heaven by the ears.

You will never be saved against your will; God drags nobody to heaven by the ears.



When the dust of death has choked a great man's voice, the common words he said turn oracles, the common thoughts he yoked like horses draw like griffins.

When the dust of death has choked a great man's voice, the common words he said turn oracles, the common thoughts he yoked like horses draw like griffins.



What a coincidence, they both go to College and I'm a rapist!

What a coincidence, they both go to College and I'm a rapist!



I went to acting school in New York City for two years. I studied with Stella Adler

I went to acting school in New York City for two years. I studied with Stella Adler



I've been very, very successful at building probably the most recognizable, physically recognizable brand in personal development.

I've been very, very successful at building probably the most recognizable, physically recognizable brand in personal development.



I dislike the word 'victim.' I dislike being told that I 'lost' my husband - as if I had idly abandoned you by the side of the railway track like an unwanted pair of old shoes.

I dislike the word 'victim.' I dislike being told that I 'lost' my husband - as if I had idly abandoned you by the side of the railway track like an unwanted pair of old shoes.



When I fly, I never check my bags. I bring a carry-on, an eye pillow, noise-canceling headphones, a big pillow and a blanket.

When I fly, I never check my bags. I bring a carry-on, an eye pillow, noise-canceling headphones, a big pillow and a blanket.



Whom we fear more than love, we are not far from hating.

Whom we fear more than love, we are not far from hating.




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This page presents the quote "The function of money is to facilitate the business of the market by acting as a common medium of exchange.". Author of this quote is Ludwig von Mises, The Theory of Money and Credit. This quote is about money, economics, capitalism,.