Friedrich Hayek Quote

To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.


Aussenpolitik zwischen Machtpolitik und Dogma (ed. 1933)

Picture Quote 1

To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.

Picture Quote 2

To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.

Picture Quote 3

To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.

Picture Quote 4

To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.