thursday fun, page-27

a Ludwig von Mises quote to brighten BenBen's evening while he sinks a Bud Lite and scribbles QE2 trillions on a beer coaster. (i'm sure he logs on here occasionally to see what volt's doing):

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.